2nd-Highest Property Taxes in U.S. Equal 'Second Mortgage' in Illinois
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- Опубліковано 11 вер 2024
- The biggest cause of Illinois' massive tax burden is the state's growing pension debt. Unfunded obligations to government retirees have driven property taxes across the state to the 2nd-highest in the nation, while Chicagoans shoulder sales taxes higher than nearly anywhere else in the U.S.
Illinois Policy Institute Vice President of Marketing, Austin Berg joined Bret Baier on @FoxNews to discuss the problem, how to solve it-and how not to.
#news #politics #tax
Pritzker "we want to cut taxes" but instead adds a new tax and adds onto the gas tax every year.
He is the epitome of the joke: "How do you know a politician is lying? His lips are moving."
Well, to be fair to Pritzker, if DemoKKKrats told us what they were actually going to do, no one would vote for them. Probably not many Pubbies either.
Recently a donut fell out of his pocket on his way to the podium.
But he did save us $1 for every $100 we spend hahahaha! That dude is a joke of a governor!
@@jamesb1969b also brags that he ended the grocery tax. Well it doesn't go into effect until 2026 and the bill allows municipalities to create their own grocery tax and increase it as they want.
As someone who lives in Illinois I can tell you it's so much worse than what they say.
Living in the north suburbs I pray that I can finally get out of this hellhole state before the year is out.
@@evoman1776 Same here. I am retired and live in Will County. $15K a year for a modest home. I am hoping DJT is elected and interest rates drop and I can sell and go over to Indiana.
Most of ghe taxes go to teachers and their retirement fund as well as other public sector unions. It is written in the state constitution so it cannot be changed! The unions vote Democrat! The teacher’ s union installed the mayor!
I can second that. I live in Illinois and I'm done. Going to Oklahoma to look for a new house this weekend. I can get a house twice as big with 1/2 the taxes there.
My moms went up 1k for 5 months. My friend went up 4k for 6 months.
Moms on social security, thats pretty much half her income
Democrats = TAX TAX TAX
Repubs = increasing the gap between the wealthy and the middle class.
That is not true of most Democrats
@@maryannbray3305Yes it is Maryland is catching up, kamela was to redistribute the “wealth”
@@maryannbray3305 sure it is
@@maryannbray3305California yes
Only in Illinois can public employees get more than one pension for very little work or time. Left Illinois in 09 and never looked back.
If you're a well-connected public union worker in IL, you get promoted to a higher-paying job for your last 90 days of work before retiring so tjat your pension gets calculated at that higher pay rate. It's essentially organized crime by public union employees against the rest of us. Btw, my annual property taxes now equal 2.5% of my home’s current Zillow value.
Moving out in October and I cannot wait! I pay $18000 a year in property taxes for my average middle class home. This dysfunctional state can be left behind I can't wait
@@kylebrynelsen9123 Same
Vote the dems the he'll out
honestly cant wait to leave and see what else is out there. been here almost my whole life and yeah this state fucks you.
Dems saying they want to cut taxes meanwhile charging the highest property taxes in their areas. Lol
They're not cutting, they're increasing taxes.
The people of Illinois have the right to have their taxes as high as they want. As for the governor of Illinois telling people that the Democrats want to lower taxes for the middle class… if you are of voting age and you believe that you are too stupid to vote and deserve exactly what you voted for.
Exactly. I just couldn’t say that they are stupid because I’m already in trouble with YT.
Truth
39.5% tax on cannabis in Illinois also.
@@eligebrown8998Fuck you tube!!! FREE SPEECH
@@mc-fj3fi I’m hard pressed to think of a more insane tax but everyone seems to do it. I guess the cartels have more influence in our government than we give them credit for
High property taxes, high gas tax, high sales tax, tax on groceries, tax on grocery bags, tax on ammo… AND THEY ARE STILL BROKE.
Until Illinois goes total republican then it will be a toilet on total flush all the time!!!!!!
Hell will freeze over before a Republican gets elected; Illinois citizens LOVE the cesspool they live in!
Unless you're in Pritzker's house he took them out to get cheaper property taxes 😂
Illinois is a train wreck. The government is out if control. We have every vice and no change in quality of life. I have been here 50 years and it’s actually so sad. State parks, roads are all trash
And Illinois voters keep voting for Democrats.
You have the Government you deserve.
Illinois gave away all of the money handing out lifetime free ride pensions. They owe over $100 billion dollars in unfunded pension liabilities
@@gregorylyon1004 they pay into those pensions now. Miss management has sunk that system as well as everything else.
Illinois Governor Removed Mansion's Toilets To Dodge Taxes
PRITZKER SUCKS
He sure did nothing but a CROOK, and the voters in Illinois keep voting for the dems that are making the state and the people broke.
My sister was a Dentist in Chicago. She left last year when the taxes of her business skyrocketed to the point of a second payroll she had 13 employees, hygienist, technicians, office personnel, all of which lost their jobs because she couldn’t pay the taxes and have a decent living, not only with her business, but her home as well and last, but not least the crime around her business has skyrocketed, Governor J. B. Pritzker, agenda to take from anybody even the middle class and give it to nobody because they worked their whole lives and paid taxes and bought a home maintain that home and raised a family and give it to people that don’t work. They just wanna lay around all day and smoke and drink. When you have that type of governor, you’re gonna have high taxes, they really don’t respect you. And last, but not least, ILLINOIS IS LOSING PROFESSIONAL PEOPLE BY THE DROVES.
But they're gaining illegal immigrants and terrorists so it's a win/win for ILL ILL ILLinois
Dentist profession is much more competitive today than it was 15-20 years ago. Many dentists are sharing offices/employees to reduce overhead. My previous dentist (in Florida). Was charging way less than his competitors and had way more patients. He had about 6 dentists in his office and maybe 12 hygienists, 3-4 administrators. Also franchise dentists are taking lots of business, they can often get better deals on equipment by buying stuff in larger quantities. It sounds like she didn't have good enough business practice (but was still a good/great) dentist. Honestly - dentists need some good business strategies if they want to be owner/partner...
True my cousin is a dentist and would not open a practice. Another dentist relative is just broke because he’s not a good dentist and can’t even buy a house.
@@Aaron_R Ah-Ha… Florida the magic word… that’s where she went. With about six other dentist in a group. Now she doesn’t have to worry about getting her car broke into as it did six times and six months her employees don’t have to worry about getting mugged or getting their purse, snatched while walking out the door locking up. She’s very happy. She’s taking care of a lot of seniors and is respected in the community that she’s in. Oh and the taxes about 1/25.
@@adtsproduction Depends on the area of Florida - certain areas of Miami are very dangerous - Hialeah, Liberty City, Miami Gardens (ect). Also Belle Glade is dangerous. I think she could make it in Illinois as a dentist with more competitive business methods or working for another dentist (that uses competitive methods). Honestly, dentists should be sharing staff and office space rather than everyone having their own.
Government can't control prices, but they can control spending : just do that.and there is no need to control prices.
Wrong, they can control prices but it never works out for the consumer. Look at other communist countries that have implemented price controls.
- Illinois -
The Land of Leaving.
If Abe Lincoln was alive today, he’d move back to his birth state of Kentucky.
Gotta pay all those sweet government employee pensions!
Teachers Union lawsuited the Illinois..and Won..3 - 4 years ago..
.47 cents a gallon tax is OUTRAGEOUS!
From St. Louis county, Missouri, to just across the JB Bridge into Illinois, gas is over a dollar a gallon higher. I saw that this past weekend passing through them areas.
Plus sales tax
Don't worry. When the moron majority votes d again in 26, and they will, it won't be 47 cents for long!
I can cut back on food, gas, and subscriptions, prescriptions... but I cannot "cut back' my property taxes. It's something that if you don't pay it, you can lose your home!! Politicians are quick to spend every penny and look for more money, instead of looking for ways to cut back. When you add up all the taxes that you pay, FEd, FIca, Sales, excise, gas, fees for everything from a hunting license, fishing license to getting a 'permit' to do some work on your house, plus the property taxes, taxes via your utility bills, and insurance REQUIREMENTS. You pay probably more in taxes than they do in Europe. People are lied to about the taxes we pay. That amount you get on your Tax form for exemption? Add up your gross income.. deduct the taxes you pay to the IRS, fica, etc.. THEN deduct the sales taxes, property taxes, fees, licenses, and required insurance for your car and house.. and see if you are paying more than 50 percent of your income to taxes.. it's scary...
Not to mention how unsafe it has become with Fred Flintstones SAFE-T-ACT
Fred flintstone.😅 I'm gonna steal that. Best description of him. 😅
And his pica protect IL criminals act
But JB is such a great governor - what a joke....
The Governor does not care about taxes he is a Billionaire
The only reason crime in 'down' is because recategorize what a crime is ... ain't nothing down except the value of a dollar
We left Il last year. Our larger nicer home in Missouri cost less to buy, and our property taxes are 20% of what they were in the Chicago suburbs. Not 20% less, they are 20% of what we used to pay. It's thousands of dollars a year that stay in our pockets. I could go on and on. Why would anyone live there? By the way, Missouri has a budget surplus and is run by Republicans. Just say'n.
I have an old friend that lives over there in St. Clair county. His real estate tax is more than twice as high as mine living here in Missouri, and his home has less square feet than mine. And the community he lives in is suffering terrible decline.
Missouri is a poor state though.
In fully supportive of you all criticizing IL government but reality is all wealthy cities (meaning high income) are blue. Just saying
And es, I’m conservative leaning
@@dailyrant4068
You forgot the cost of living.
Look at states like California or New York. You better make a very healthy income to live there.
I wouldn't leave Missouri to live in Illinois under no circumstances. And I know folks that are desperately wanting to move out of Illinois into Missouri now. But if that's where you live and you're happy there, then good for you.
I'll keep my 1400 square foot ranch surrounded by 27 acres that I pay much less in taxes for than someone living in a smaller home with far less acreage in Illinois.
@@TS-wh4ey I didn't. There are plenty of places outside of California and NYC that make good living. Even if you look at cities like Austin, it's basically a blue city and there are lots of tech jobs.
I'm not here to argue with you partisan people trying to blame everything on left vs right. I'm talking about reality based on facts.
I don't have a problem with people wanting less tax (Heck, I do too), but there are so much non sense out there. As a nation, we need to do a better job educating people so we can actually all think better
@@dailyrant4068
Nobody on this thread began any conversation about left vs right except YOU. We spoke about the differences of taxes on our homes between the two states. YOU were the one that posted a partisan reply about 'BLUE' cities. And even with that reference YOU made, I never countered your reply with any 'Red' or 'Blue' reply of any kind.
Your the one that got on here to argue, just because you're an Illinois resident and evidently the truth of the matter is more than you can bear. GTFOH
Citizens don't report property crimes because NOBODY does anything to stop it or even investigate it.
Thousands of school administrators and teachers have retired at 100K and over.
Pensions are a poison for our state. None of them deserve that amount
YOU CAN BLAME IT ALL ON THE DEMOCRATS!
Yes, living in Illinois means higher taxes and less government services
I live in illinois and it's worst than this
Illinois has over 7,200 paid state government bodies which leads the nation per capita. From city councils, water and waste management districts, the city, county and districts often overlap. It is pure political patronage. As a person who left Illinois due to property taxes, it is worse than they describe. One year my 40-year-old ranch house was reassessed a 60% property tax increase. When I asked why, the assessor said because they thought I had a basement. I had done no renovations and was still on slab. They said all my neighbors had basements.
Basement or not…….60% 🤦♂️
I live in Illinois. I buy nothing from Illinois. Food only .stopped driving my car. I nolonger pay for car insurance. I save as much as i can by going without. Disabled veteran who can't afford to eat all month long with my benefits thanks to Kamala and Joe
Thank you for your service. Move to Alabama. Apartments are cheaper houses are cheaper Taxes are cheaper. I bought a three-bedroom two-bath house for $78,000 in 2016.
@@Dennis-m3k I thought about moving to Haylesville Alabama. It's a small town in the National forest
Illinois has a self raising gas tax that NEVER has to get voted on. It increases on its own
Where is ALL of the money from Property taxes going????? To ALL of those that make their living sucking off the tax trough!!!!!!! These so called Public Servants, who have become the Public Masters, earn more than those that are forced to Pay Them, and have much better benefits! This All cost MONEY, and so THEY have an Attachment to peoples Property. You Think You OWN your house????? Think again!
You aren’t wrong, but that’s our governments fault for over promising on programs like pensions. It makes no sense public workers who by the way only work 37.5 hours per week to have pensions that the rest of us paid
Mostly the public schools, a our two thirds go to it.
@@kdiggity11 Pensions are taking a huge chunk of state income though. We need a reform, period. Make pension comparable to the average (or take, I'll give you 75% percentile) worker's private retirement (such as 401K). There is nothing these pension folks did to earn the huge guaranteed payments on the expense of the rest of the people. There is no reason that we all have to continue to pay for it for many more decades to come, all because they were promised by the government decades ago with unrealistic, unsustainable figures.
It takes 3 paychecks just to pay monthly rent for a 1 bedroom apt.thanks biden.
Wondering how it will be before John Deere leaves Illinois to join Caterpillar.
Keep voting Blue! It's paying off! 🤣
Not getting caught is the criminals retirement plan.
I'm a refugee from Illinois. I came to Missouri over 10 years ago, bc I was absolutely fed up with the nonsense. I'm prospering over here on this side of the Mississippi.
That’s only cuz you work in poor jobs. You want a high paying job? Come to Chicago.
Look at statistics, red states are literally poor.
And my disclaimer is I’m conservative leaning, meaning I support family and tradition, etc. you can’t argue with statistics though. Unlike GOP shows me real economic benefits, they can talk all they want
@@dailyrant4068 no thanks. Chicago is a crime ridden, drug infested shithole with suburban pockets of snobby, rich a-holes. If Chicago wasn't part of Illinois, I'd be tempted to move back there.
And no. I don't "work in poor jobs". I own a home and don't have any debt.
It's tough to find work in my field in Missouri, if I could find good work I'd be there in a heartbeat
@@johnygoode2239 Exactly. People act as if high earning folks don't understand the concept of cost of living. Now there are plenty of up and coming cities that are getting nice paying jobs but you will also see their cost of living go up as more and more people go there. Look at Austin for example, housing prices have gone up so much
Lived in Illinois for 33 years. Left 3.5 years ago and I'm not looking back. Any guesses as to why I left? When I moved out of state, no one needed to ask my why!
But we have joy, why do we need a house?
I lived in Chicago all my life, then moved to Ohio after graduating. When I tell people my parents pay $15,000/year on property taxes for a $300,000 house, no one ever believes me. Most of them barely break $800/year.
Please tell me no one is surprised with these number out of chicago. You keep electing them.
Former Illinois resident here. I am so glad I finally decided to leave that state, They could charge 100% taxes and still be in debt. Time to raise it to 110%. Too much corruption at the top. Loved seeing it in my rear view mirror.
Government puts themselves before citizens in Illinois. Time for adjustments. Pritzker talked less taxes and raided the budget to all time high of 54 billion. Just 23 years ago or so the state budget was a mere 5 billion and struggling then. Lots of businessmen needed to run government in Illinois. Politicians have no idea how to deal with money.
Illegal aliens open border must be second concern. It’s a topic of conversation everywhere. We see illegal aliens everywhere.
The people need to put a end to property tax
Vote trump vote republican for house and senate seats
It's too bad the Republicans kicked all the moderates out of the party. Thanks to the MAGA cult it looks like we will be getting a socialists president.
$35,000 a year for property taxes. Just went up another $2,000 this year. Our power bill went from $2,600 to $4,960 in one month! Ilinois is trash! Restaurant costs have tripled! We refuse to raise food prices! We'll shut it down before we do!
Keep lying to yourself. What restaurant tripled in price? You can’t prove one. And if your property tax is 35k you are living I. A 1-2M home.
If you have balls, post your parcel code so we can analyze your tax bill
My last power bill was 😂 $250 for two monthsYou must live in a 10,000 square-foot house😂
@@davidmann4533 We know he's lying and full of crap. No utility company has doubled rates. This would affect everyone publicly, rich and poor.
No restaurant also has tripled in cost.
Misinformation all around.
Wait ask how many have been hit by smash and grabs and lost everything.
The abortion issue has been settled. States rights is the law of the land. Only 13% of Americans care about abortion issues
WRONG! Only 13 %Want abortions The rest want familes and children and the means to support them thru making a decet living. Illinois is run by a VERY Corrupt Gov't.
A percentage of IL property goes to pay state employee retirement because government is so corrupt.
Pension is a poison for our state
Yes, and that pension fund is sitting at a billion-plus deficit. More taxes to come!
ILL ILL ILLINOIS.
ENJOY YOUR BLUE TAXES
Red Texas has higher property taxes than IL, and far worse services
@@persperspersp2866 again.. depends on the county and city. find a city that isn't blue. Houston is full of the blue.. and they are crying about their property taxes.
But no state income tax. Also, the open border policy has changed the demographic of Texas to Latino majority and many things are being run now much the same as they are in Mexico, especially with all the stray dogs everywhere.
Keep crying but blue cities are also where all high paying jobs are
@@persperspersp2866I'm just kind of curious what u mean by Services.
Note to self stay away from Illinois even for vacation.
Being in Cinci, Cub fans come here to watch the Cubs, stay two nights in a hotel, two ganes and still cheaper than one game in Chicago. Way safer too.
Paying rent to the government, you’re never truly free
Yes property taxes are out of control in Illinois, idk how they can keep going
Please don’t say “you get what you vote for!” Most of Illinois rural and suburban are republican but metro Chicago-cook county has the highest population and votes democratic. So we didn’t get what we voted for. Our taxes went up $3850. The black middle class suburbs got hit the hardest. We’re going to vote Republican again. You have to vote for your self-interests.
Seeing Pritzker shout he wants to cut taxes for the every day people is absolutely wild 😂. This dude has done nothing with his time but only increase taxes
It’s insane! As an Illinois Resident I can tell you it’s WAY worse than they say. Taxes are thru the roof! I pay as much for property tax as I do for Principal/Interest on my mortgage. It’s getting impossible to live here and still survive.
The normal regular house I grew up in in Glennallen Illinois has taxes at $12,700 per year
I live in New York State which is just as bad as far as property taxes are concerned. My monthly house payment is $1,000 per month, and I had only 20% equity when I closed on it. $500 of that payment is just property tax.
the school portion of property taxes are hurting New Jersey homeowners and nothing has been done about it for decades
I pay over 2K in tolls per year and I work from home.
Better vote for Trump. Under Harris you will spend more and more of your money on taxes.
You know that’s a lie.
What did Trump save us on taxes? He don’t, most of the benefits went to corporations.
Yes I’m disgusted with democrats but GOP is nothing better
Illinois property taxes directly fund local government and local entities. They are not high by any standards. And we do not want the State of Illinois to control of property taxes.
Pritzger just raised gasoline taxes AGAIN !
He also wants to tax all drivers $0.01 per mile driven
Can't grow the middle c lass by taxing them into oblivion
I also live in Illinois and am retired. But it is so hard to move to another state, as much as I would like to. It would take a lot of money to have someone move us, and I am too old to do it myself. Plus, my kids and grandkids live here. It sucks.
That's not an excuse....the money you would save the first month..will cover your move.
I saw a 7 bedroom 7 bathroom house in Alabama with a in-law apartment for $400,000. Property Taxes would be less than $2,000 a year.
@@Dennis-m3k do you want a cookie?or something?
Lies, lies and Damn LIES!
The same in MN. 20 years ago we paid $500 a year, now $500 a month. With insurance it's more than a mortgage payment.
The only thing keeping illinois blue is chicago.
That's quite a governor..Taxes people to death here & talks of cutting taxes there..is he all there?
Problem is....a large percentage of people in Illinois have never had a job, let alone own a home. Welfare for generations.
Vote for Trump
I have a small business in the city. They charge a 1% "Metropolitan Pier" tax on all sales. And I'm 2 miles away from the lake. I also pay 3% tax for selling pop. They call it a "Metropolitan Soft Drink Occupation Tax". Legalized Extortion.
Property taxes were a major factor in our decision to leave IL 4 years ago.
WHY CANT THEY SEE WHAT THEY HAVE BEEN THROUGH THE LAST FOR YEARS? PULL YOUR HEAD OUT PEOPLE!
You can't have lavish entitlement programs, and not expect taxed accordingly...state can't print money like the federal government
Pritzker's own family has been quietly moving across the border to Wisconsin. One of them is now my neighbor.
Illinois residents apparently don't realize "Elections Have Consequences".
Property taxes should go back In property water pipes, tree trimming, and sidewalk maintenance
Have to stop feeding the monkeys😂
How did Illinois go so far left?? I grew up there and it was a swing state in the 80s and early 90s.
The crime is now bleeding more into the suburbs. I live 50 minutes outside of downtown. What the thugs do now is take the metra out to the burbs. Steal a car and drive it around to steal more shit. Has happened multiple times in my neighborhood the last few months.
Illinois has some of the highest taxes because of all of the lifetime free ride pensions they handed out for the last 75 years. That state owes over a hundred billion dollars in unfunded pension liabilities. You gave all of your money away giving retired workers a free ride
I live in Illinois. Will county. I have a 900 sq ft ranch 2 bedrooms 1 bath. $9,652 is what I pay in property taxes a yr.
Well that's pretty bad. I live in Lake County and have an 1100 sq ft ranch and "only" pay about $6,000. I'd love to buy another house. I could afford one. But I can't afford higher taxes.
3 berdroom 1800 sq ft home in McDonough Co. Senior Citizen Pr0perty tax exemption and I still pay $2700/ year. If I was not over 70 and could not get an exemption/freeze it would be much worse!
What's your point? Your property tax is based on your home valve......
@JosEPh-zy3yr the sticks....
I have a 1400 square foot single story ranch surrounded by 27 acres in the Missouri Ozarks and I don't pay half of what you're paying in taxes. Not trying to rub it in, but it is what it is there in Illinois.
Chicago isn’t much different than Houston. A little less crime but still a serious problem that never gets addressed. I think if Texas was a blue state, I’m sure they would talk about Houston’s crime rate a lot
Basically: Don't live in Illinois unless you enjoy being fleeced.
3 and three quarters years in office and promising that they should have done it already,don’t believe anything those jokers say😂😂😂😂
Crime in Chicago is definitely not overall down from previous years. Special interests have simply recategorized what passes for a crime. If murder were suddenly legal tomorrow, you can bet the crime statistic for murder disappears, that doesn't mean murders are no longer committed anymore. Societal attitudes determine what passes for crime, it's that simple.
Our Taxes are extremely high in Illinois thanks to Pritzker
Crime hasnt fallen, people reporting the crime has been the change. When they tell you crimes arent getting reported, its because they already know their stuff is gone and nobody will help them get it back. Its just a broken justice system.
Raised my whole family in Illinois, beautiful state, but not more beautiful than the surrounding ones, never been more determined to get out, its criminal what the politicians are doing, and the same stupid people keep voting for them in spite of it all
CHICAGO even has a amusement tax on tv
Yet Illinois is a democratic state! What are the heck are they talking about.
No tax on ssi. No tax on property tax.
They failed to get a huge income tax increase, so the money to blow has to come from somewhere. Wealthy people need to ante up. Middle class needs a break
Inflation comes from MIC spending to protect multinational's private profits..
They talk like they haven’t been in charge for the last four years…
Pritzker talking about high taxes, he doubled and tripled them when he took office
McHenry County has the highest Real Estate Taxes in the Country.
The government need to take a pay cut they spend way to much and make to much money to do nothing but sit there and say how they are going to spend are hard earned money
So we pay taxes on money taxed already and then tax increases FY!!!