Quote:
Originally Posted by BrinChi
^^ I guess I don't see the issue? ~40K in taxes on a 3 million dollar home is a 1.33% rate, which is high but below the current Illinois average posted above. 2% is the upper limit in my opinion... once we see more than 2% that does not bode well for the city and state. I agree with the sentiments above where I would gladly trade a higher income tax rate (or switch to graduated) for a capping of property tax rates.
|
I’m sure I’m wasting my time, but the issue is fairness.
People and businesses make assumptions for the future with their pocketbooks and budgets.
Yes, things like taxes and fees can go up incrementally over time. But to double property tax in or two years and then label it as, “Ha ha you’re now paying your fair share!” isnt in any way just. Government shouldn’t be conducting matters in this way. They pay lip service to fairness (affordable housing!) and then their actions are the complete opposite.
Threaded Mode