Quote:
Originally Posted by the urban politician
^ I'm not doubting you, but do you have the data to back this?
I'm talking specifically about Chicagoland (Not Illinois) property taxes versus some of the major Texas metros
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http://www.tax-rates.org/taxtables/p...y-tax-by-state
Doesn't make sense to not compare state-wide rates unless you have specific communities in mind w/ similar socioeconomic profiles. Naperville vs. Plano, TX
https://www.redfin.com/IL/Naperville.../home/23390515
2019 Tax Bill: $7,921
https://www.redfin.com/TX/Plano/712-.../home/32075554
2019 Tax Bill: $8,350
Naperville house is older (1980) than the Plano house (1993). Plano house has more curb appeal, but interior needs updating - Naperville house has been recently renovated. Median income is about $10k higher in Naperville. You'd pay ~$5k in state income taxes in IL and $0 in TX, but that still puts the median Naperville resident ahead w/o accounting for other taxes. At a 35,000ft level, it looks like a wash at the end of the day. TX also has underfunded public pensions (though not as bad), corruption, and other BS we talk about here.
It's unfortunate that the speaker from Cal City doesn't understand that people could avoid their sales tax by shopping out of state or in other communities with lower rates (does Cal City even have much retail?), but I'd wager most border-town municipal leaders understand how that is a delicate situation. Much of southern Cook Co. is the victim of white flight and the subsequent disinvestment that wrecked neighborhoods on the southside a generation earlier. In 1990, Cal City was 70% white. By 2000 it was less than 40% white and it has only fallen further since. Same story as Englewood, Washington Park, etc.
To be clear, I'm not saying black people aren't capable of developing vibrant and sustainable communities, but historically, black homeowners have become the majority because white homeowners no longer valued the community (deindustrialization, rising legacy costs, greener pastures a few highway exits further out, etc.).
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