Cook County homeowners scoff at property tax hike: 'What would constitute such a big increase?'

In the midst of one of the worst inflationary economies in decades, where gas, groceries, and goods of all sorts cost significantly more, the pain keeps mounting for Chicago homeowners.

[@William1866]

It wasn't delayed because of updating the computer system. It was delayed until AFTER the election.

[@republicunited2183]

Bingo!

[@gregoryguerrier963]

Facts!

[@MovingAlong531]

This‼️

[@codydanielczyk]

I heard that they laugh about it behind closed doors.

[@Navy35]

Power to the people

[@kuttycrew]

You get the government you deserve Chicago.

[@mrerick0363652]

I didn't vote for Beetlejuice why I have to pay this bullshit!!

[@vencounter2818]

Haha the rest of the state has to deal with it. Nice towns all over Illinois. Pretty little towns, some trying to rebuild and make them better. I know I lived there. They suffer because of Chicago.

[@anthonymartinez4307]

It’s everywhere.

[@williamsmith8354]

Preach it, brother!

[@bernaclischurchill4463]

This is going on in Florida and NJ, which are R states. Its not just the Dem states. Ms. B. Churchill

[@JamesL413]

My mortgage payment increased by $280 because I didn't have $3,000 to cover the escrow shortage due to this increase. I'm tired of these politicians using homeowners as their personal ATM.

[@lancegreene3185]

The Escrow shortage ? What happened with that situation ? Let’s get it fixed

[@mike60521x]

chicago is run by democrats for the sole purpose of screwing its citizens out of their money via taxes, redlight cameras, etc

[@Pernection]

@@lancegreene3185 Within the first 2 years, they are now doing this "increasing".

[@Navy35]

Welcome to democrat run cities

[@seymorefact4333]

🇺🇸 Hey, The govt just gave another $45 billion to Ukraine! Total since war is $125 billion. LET'S USE THIS MONEY FOR AMERICANS! Stop Be THE WORLDS POLICE. WHEN WE HAVE SO MANY ISSUES AT HOME!

[@dexivoje]

Politicians are laughing at these complaints. They know come election time this lady and thousands others will vote the same people. She doesn't want to start over, that's all they need to know.

[@ethancook5705]

According to Anne Burke, Chicago is a world class city and everyone has to pay a premium. Try telling that elitist reason to people around the city. The politicians go to their million dollar homes, put on their ruby slippers and say to themselves “There’s no place like home.”

[@cliffmorrison1130]

“Vote blue no matter who” SMH.

[@zlonewolf]

Thats the real problem. Incumbent get reelection becos people fail to organize. Vote them out. YOUR vote counts. But ONLY if everyone votes.

[@bocephus822]

You called it. Vote for the Dem team and bend over. They must like it?

[@bocephus822]

A new promise of reparations and she'll vote blue for the 1,000th time. This is too easy.

[@timmsmiithgm557]

Remember the "good old days" when you had to leave your home to have someone pick your pocket?

[@gregfawcett5152]

Nice

[@brianrichards7006]

Illinois is approaching a failed state event. One of the reasons is the government pension plans, which were quite generous, and now the taxpayers are expected to foot the bill. I think there has been quite a lot of out migration from the state, and rightly so. Let the state collapse, and start over again.

[@johnwidera5790]

This is a Cook Co problem, not so much an IL problem. People think property taxes are driven by the state, not so. Look at your bill to see the state portion - it's small. People have been scapegoating public workers but the problem started with corrupt Republican George Ryan who wanted to divert investment funds to his cronies and supporters as payback. Blago continued the practice. And the Gen Assembly, despite ludicrously generous pensions for themselves, played along. In short the employer contributions they were supposed to make never happened - in private sector people might go to prison for this fraud - not here. The real problem is systemic abuse of social welfare in IL. Millions getting free money.

[@foreverfocusedd2750]

@@johnwidera5790 scapegoating public workers? I like how your skating over the FACT the fed government just bailed out UNION pensions and making IL tax payers foot the bill. Whose getting the free money again????? THEN on top of all this, union workers, on the clock, will show up Inflate, and SiT next to an inflatable rat (replicas of your selfies)..., because of a non union... private job got the job. Very hypocritical btw haha. Millions would rather work than take the free money if they could. They could if Illinois wasn't union controlled. The people who are getting more FREE money are those who are promised over inflated PENSIONS (union/public/govt). Unions are scapegoating those trying to survive while they force all the big contracts to be signed to those in power.That's the truth....I don't know what jibber jabber you were trying to type hahahahehho. Back to the books dawg...or better yet go look at the roads. The roads are spitting proof that the money is not going to the PUBLIC at all more like certian POCKETS. Checkmate?

[@thrithgolden2748]

The foreign investors and billionaires are happy to buy up all the land after they TAX you out by lobbying the DEMOCRATS to create all these tax hikes!!

[@chillwill5080]

@@johnwidera5790 You can't complain about "welfare" without stating that it is the GOVERNMENT in Illinois and their connected friends and family that are the biggest recipient of "welfare". It's literally a state full of parasites.

[@boristheamerican2938]

@@johnwidera5790 Started with Thompson when he started skipping payments along with Edgar. Actually Blago started paying into the system, one of the good things he did.

[@amargad69]

it’s like the mayor is trying to push people out

[@drjekelmrhyde]

When did the mayor control county taxes?

[@jones2277]

does the mayor raise the taxes?

[@drjekelmrhyde]

@@jones2277 The county commission have control. This is for the whole county . The burbs in Cook County will be hit also.

[@thefucrew9865]

@@drjekelmrhyde, the mayor needs the money in the city budget, to get her pay raise.

[@thefucrew9865]

@@drjekelmrhyde, but your Democratic politicians ..... the same ones that YOU VOTED FOR..... are the ones screwing you.

[@Dam1911]

If you think you own your house stop paying taxes and you’ll really find out who’s really owns it

[@brekinla]

Ask that question, who owns this piece of real estate? How did the state get superior title? I asked it of our country assessor. The revenue code in Ca says "all property 'in this state' is taxable." I asked the assessor how he put my house "in this state?" He said, " we went by the deed you filed with the county recorder." So I put my property "in this state." It is the same with income taxes. Only you are stating you had income, no one else is.

[@Dam1911]

@@brekinla Accordingly, if you don't keep up with the property taxes on your home, you could eventually lose your home to a tax sale. In In the majority of some states,the tax collector will initially sell the tax lien in a tax lien sale. Then, if you don't pay off the lien, the tax collector can sell your home in a tax deed sale. And that’s were I come in😉

[@brekinla]

@@Dam1911 Don't disagree with anything you are saying. The point is we the American people have utterly lost our right to property. America is a communist country by definition as the state holds superior title to all property. The most important piece of property is you, the state asserts ownership of you as evidenced by their claim on your labor. Ownership of another defines the act of slavery.

[@judywaddell6065]

@@Dam1911 "you will own nothing and be happy". WEF wants no home ownership.

[@KP-rh5qz]

@@Dam1911 😂😂😂

[@prst99]

Property taxes should be illegal. Private property should mean complete ownership.

[@ToddTinley]

Only if you have an Allodial Title.

[@prst99]

@@ToddTinley there should only be allodial title with exception of imminent domain.

[@mikejohn0088]

OK...the great reset will be your goal with you in gutter with your mother...with those on the hill looking down upon their slaughter. Did you ever hear this: "Two things in life are certain, death and taxes." You missed reality classes.

[@robertmanley2687]

It is based on a 17th century society.

[@youdontwanttoknow5203]

@@prst99 Eminent domain. And that's abused far too much now.

[@user-lw7rp4eb3k]

Absolutely disgusting! I feel bad for her and countless others. Ridiculous how the government uses homeowners as personal piggy banks. Cut government spending

[@TV-rm8zc]

It isn't just taxes it's property insurance and everything. The greed is so real.

[@youdontwanttoknow5203]

That's what I said. Insurance company will want the house insured for full amount. I figure insurance will double.

[@SH-md6qp]

If you voted for even one democrat or incumbant politician, don't complain, you deserve it!

[@jasonandoy4740]

This is happening in states like Texas too

[@kevindahlberg7753]

@@jasonandoy4740 Can you tell me where in Texas?

[@tracygaluszynski1868]

In Austin which is democratic fool.

[@jazzfan7491]

Yes! Move to Mar a Lago! Trump LOVES working people! MAGA!

[@richardhenry5961]

You are forgetting, it doesn't matter who is in office, these are schools taxes and that is the problem in how to fund it. Yet the Republican Party under Trump passed that TAX brake for the TOP 1% without anything to pay for it, this while schools, healthcare were being cut during the Trump administration. But people have short term memories....

[@finley614]

When you vote for a Party who literally said they was gonna raise taxes what do you expect!

[@ilanchii]

It has nothing to do with a particular party, it has to do with the 1 percent (rich people).. it doesn’t matter one party or another.

[@circesoul2218]

@@ilanchii It absolutely has to do with Politicians and how these people vote

[@NB-wi5ud]

@@ilanchii you haven't got a clue, your people want to keep taking pushing out taxpayers

[@Chet73]

@@ilanchii You’re delusional.

[@finley614]

@@ilanchii 👈🏻🤡

[@archangelcastiel2242]

ITS NOT CALLED "CROOK COUNTY",FOR NOTHING🤷‍♂️🤣👍

[@joebidon7165]

Gotta pay for all those “social equity” handouts!

[@patrickbateman783]

😆😅😂🤣

[@krystle8287]

Bingo. Go woke, go broke.

[@groupergary5536]

Right, hand you $1 cost $10 because profit takers get their cut. Like rent, a complex of a 100 units has a $1000 repair they raise 100 people's rent up $200 each saying it's for repairs. Broght in $20,000

[@brookroberson6084]

I am so grateful and thankful to God that I relocated from Illinois 20 years ago. ✌️

[@dennisduffy5678]

And the people of Illinois thank god you left too 🤡

[@LovelyLisha3]

From the looks of things, this same situation is making it's way around to every state, city, town and village 😒😔😮‍💨

[@musicman8539]

Time to move I guess they want more families to leave this crappy state

[@jonsmith848]

I 2nd that...

[@bobdelano6746]

42 yrs for me F il.

[@Hirogen24]

Schools and the city have got to learn to live within their means, like ordinary households do. No one has as much much money as they want. It seems that the schools and the city have missed that part of the lesson, and still think that they can spend as much as they want, and the taxpayers will pay for it. Legislation is needed capping property tax increases to 3% per year, and then the city and the schools will get the message that either they live within their means or go bankrupt. This has always been the reality for everyone else.

[@BUDDYX884]

👍

[@unknownsender6852]

💯💯💯

[@KameraShy]

Unions

[@stefan6412]

In what fantasy world do you live? The politicians will always increase debt and raise taxes. And why? Because most voters are to shortsighted to punish them.

[@GorgieClarissa]

schools are already incredibly underfunded. teachers underpaid and overworked and student's not receiving adequate resources. the problem is not the schools needing money. the problem is these taxes aren't even going to the schools. there is no way teachers making less than 40k are benefitting from these tax hikes that are ''going to the schools''

[@cpd95]

Suburban tax payers are laughing at the $5000 tax bill. I know some are paying over $10 grand a year.

[@brucebeamon5460]

hum 🤔 be that the case ( if it’s true ) what are the services like in comparison... and the crime rates ? Oh let’s NOT forget the schools more than likely they are satisfied with each of those or they wouldn’t be paying those amounts.... these people here , as with this lady WERE paying what they could afford , in her case over a decade... from 1500 to over 5000 will be an unwelcome burden and hardship

[@William1866]

I paid that in Highland Park. The money mostly goes to the school system.

[@GPWGP]

Who cares who you know.. these local governments are get ripping us off

[@jsperez240]

$5000 to live in a crime ridden shithole is way too much. Paying that in the suburbs fits the bill a little nicer. Glad I left Illinois. I pay $4000 in taxes for my commercial building with rental units on top and only a 2hr drive if I want to have some steak at smith and wollensky.

[@keithmckinney3892]

So

[@davidderler5924]

Mine went up a $174 in Wisconsin and I wasn't pleased. What happened in Illinois is out of control spending and highway robbery. That should be illegal to extort homeowners like that.

[@gregfawcett5152]

In California it got so bad they finally put a cap on the percentage of increase.

[@bocephus822]

Governor Pritzker is too busy changing the Illinois Constitution and blaming Trump for everything to care. Wake up blue voters. Which party is always doing this stuff after promising the moon? Chicago hasn't had a Republican mayor for over 90 years. Ask yourself, are things getting better or worse? Believe your eyes and ears.

[@Chicago-ed1ns]

People will still vote for this disgusting mess.

[@LarryLunchbox]

The voters have spoken

[@patrickbateman783]

Agreed 😆😅😂🤣

[@tranger4579]

It's the same thing here in Texas. I was told that house value increased 20 thousand dollars due to improvements. I went to talk to an appraiser about how they got the 20 thousand number due to the fact there has been no improvements in 10 years. He fumbled around and went on to pull up a photo from 1999. 🤣

[@johnsonleon16]

Bruh! They wild for that

[@youdontwanttoknow5203]

We got no improvements here either. Other people remodeled and did improve their property, but their taxes and valuation didn't go up like ours did. The appraiser was not objective at all. It's like he rolled the dice to see whose would go up.

[@ironaddicted]

What happened to not raising our property taxes??? Who in their right mind almost tripled the value of a home in Austin over a year? We can't sit back and take this 💩

[@oncho1960]

Vote blue no matter who people

[@mikejohn0088]

They want your guns.

[@boristheamerican2938]

This all was due to the Trump tax cuts for the rich and corporations. They used the tax savings to buy up all the property they could. LOL enjoy what you voted for!

[@boristheamerican2938]

@clot shots You would be surprised who is behind the REITs.

[@youdontwanttoknow5203]

I'm with you. Something has to be done about this.

[@billkelly6292]

You vote for it now wear it!!

[@SongSwan]

Property taxes would have never been in the"land of the free and home of the brave" but that is not who we are anymore.The logical extension of that is that they will take it all eventually

[@rnettles6241]

That's the rumor.

[@Blue-ke9fu]

The policies in Illinois are outright terrible

[@GEN_X_]

DEMS

[@stevenallen1392]

Congratulations Illinois. You get what you vote for. Glad I live in Indiana. RE tax capped at 1% of assessed value.

[@dudzinski324]

We aren’t having this problem in Illinois. But we live in a Republican county.

[@bvang8370]

It's not just Chicago. I live in St. Paul, MN. This year alone, my homeowner's insurance went up 24%, property tax went up 27% (last year was 33% for a total of 60% just in the last 2 years). My $80,000 rundown home I bought decades ago now they said is worth $250,000 but my property tax is equal to those nice, huge half a million dollar homes in the suburbs. There isn't even that many jobs in St. Paul. These actions taken by the city council will only expedite people's exodus out of St. Paul.

[@keithball6480]

You're right. Taxes, as a rule should just go with cost of living....to pay for services. Doesn't matter what the value of the house is. You can be sure if the price houses go down, taxes aren't going down.

[@djcpr2009]

That's the result of all them Chicago migrants.

[@sarahholweg9156]

And the local government is what raised the taxes . St Paul is probably run by democrats like Cook County.

[@youdontwanttoknow5203]

It's time we make them stop their spending. Our roads are crap and they keep building amenities. They have no idea what "needs" and "wants" are

[@bocephus822]

I bet it's Democrats in control? Maybe we should pay attention to how we vote.

[@codydanielczyk]

The appeal process also can take 1.5 years to complete in cook. The terrible part, is that they've increased some homeowners taxes by 300-400 percent, and that still needs to be paid, regardless of whether you're in the appeal process. Some had a tax bill of 3k, and it shot up to 10k. They want homeowners to come up with an extra 600 a month?

[@deewalker2456]

Try 3-4 years to get to PTAB, which is where the relief comes. My tax attorney said the current tax assessor is attempting to get rid of PTAB.

[@codydanielczyk]

@@deewalker2456 for sure! And it still may get denied, too. The system is in shambles, and now it seems that the "assessor who shall not be named," is using their position in office as a launching pad for their political career, not caring about the people that literally elected him in the first place.

[@judywaddell6065]

AVACody-they want taxpayers to own nothing and be happy.

[@youdontwanttoknow5203]

@@deewalker2456 I'm gonna go for that in IA. Still have a mortgage so suspension won't work due to the lender not approving - it's gotta be PTAB to keep the house. Good luck and God bless. I hope you get the PTAB

[@milktart4591]

You get what you voted for! Yes. Yes. Yes. ...get them JB Pritzker!

[@thekhmer2507]

You got what you voted for! I love this kind of stories

[@keithmckinney3892]

This is what happens when you keep paying teachers that barely have to work and politicians get a Cost of living raise every year when the value of living in the city is constantly going down

[@earthlyglo4753]

I was thinking the same thing

[@nychris2258]

Teachers barely make anything. Are you joking?

[@keithmckinney3892]

@@nychris2258 maybe in NY in Chicago they get paid and they only work 6 or 7 months out the year and every other Friday is a half day ion know what teachers you know but every teacher I know checkin a bag

[@FosterCovers]

Teachers l know make 80 to 100 thousand. 1 Chicago Public School teacher just retired and gets $6000 a month pension. In 10 months she will have gotten all she paid into for 30 years.

[@keithmckinney3892]

@@FosterCovers yea the teachers union in Chicago don't play they starting off at like 65000 a year with a raise of about 1000 to 1500 every year plus they get all them days off so imagine only working 6 months out the year and getting paid 65000 smh ion know what homie talkin bout this is not the 90s

[@v.a.993]

Patrick Elwood, why ask Lori Lightfoot about COUNTY PROPERTY TAX INCREASE. This is a question for Preckwinckle and the Cook County Board. The Chicago media let her skate to re-election. SMH.

[@PeterSmith-ko7xh]

What the hell is happening to this country? I live in GA and thought my property tax hike was crazy but from watching several videos about property tax in Cook County Chicago, I must say I am blessed (for now). Well folks, you know what to do in the next election for your local area.

[@youdontwanttoknow5203]

You nailed it - it's across the country. God help us.

[@bocephus822]

Vote Democrat across the board? I mean they are promising reparations and other free stuff so I guess they really care. No?

[@johnnettarodgers9205]

They are trying to speed up gentrification. They are forcing people out, but pricing them out of the area. Its all by design!

[@KazeriantheVIIII]

If this is true then it is working. I got priced out and had to move where it was more affordable. I know of at least 4 others who did the same.

[@johnnettarodgers9205]

@@KazeriantheVIIII sorry to hear that. It almost seems as if it's better to live in the country. God bless you 🙏

[@KazeriantheVIIII]

@@johnnettarodgers9205 All good. At the end of the day had to chase the paycheck and go were I could afford to live and still be happy. Toward the end in Chicago my block saw new houses being constructed practically every month. Selling for massive amounts. A few residents who bought some of those new houses didn't want any renters on the block either. Shame I would have liked to stay, born and raises in Chicago, guess it was time to move on.

[@lindaosika7648]

Who wants to move into Chicago?

[@djcpr2009]

When you ride through the city all you see is "Building a new chicago" signs.

[@goingmerry123]

Now I understand why my family left Illinois

[@jerroldkazynski5480]

We told you tax & spend, inflation, crime, food shortages, and so on were going to happen due to the giveaway programs.

[@billiejohnson9122]

They have to pay for the $500 give away

[@thecrippledhandyman]

I left Chicago in 2013. It's never to late!! Leave the corrupt hell hole!!!

[@lindasd7591]

People keep voting for the dems....when will people wake up?

[@user-rg8ip2ek7v]

I swear I just don't understand how they don't understand this is what they voting for.

[@mvpcilo2268]

Ok mr sheep

[@reggied1811]

Shit republicans are worse. Look at how republican states are suffering with the welfare and low paying jobs.

[@mvpcilo2268]

@@reggied1811 WHO CARESSSSS GROWWWW UPPPPP I SWEAR THEY TALK ABOUT GANG BANGERS BUT THERES IS NOTHING WORSE THAN DEMS AND REPUBLICANS THE TWO BIGGEST GANGS THAT DESTROY AMERICA

[@reggied1811]

@@mvpcilo2268 yes you grow up. I can agree with you here but republicans ain’t shit.

[@loris8591]

11 years ago my late husband and I bought our very first home, which was in Oak Lawn, the town where he grew up. After he passed away, I eventually moved downstate. No place is perfect, but it seems like getting out of Cook County in general, and Oak Lawn in specific, was a great idea.

[@thestrangelounge18]

"This is OUTRAGEOUS!!!"- still falls for the same politicians words & keeps voting the same

[@Obamaistoast2012]

Recall every official who agreed with the increase.

[@vencounter2818]

I know Illinois has high property taxes. But other states are very high. Like my friend in New Hampshire her property taxes are $9,000 per year. Texas has sky high property taxes. Even AZ a friend of mine said their property taxes are going from 3 k a year to 5,500 is going on everywhere Uhgg

[@jamiepeabody4691]

I paid $13,000 in unincorporated west Chicago in 2020. Moved out the same year to another state and took 9 other high income family members with me. See ya Illinois never coming back

[@agingchill9012]

But aren't public education tax increases mostly funding failed public retirement systems rather than kids?

[@johnrossman6679]

I don't live in Illinois, but I have family there. Just watching these videos on property taxes has been going on for years. Isn't Illinois badly in debt? The property taxes may be a way for Illinois to get more revenue. I wouldn't be surprised if more people leave in droves and they already are, which is increasing the tax burden for the ones left behind.

[@richoneplanet7561]

Her home value doubled in 1 year? That's impossible. Edit; - that's just negligent accounting. It took her over 20 yrs to reach $101,000 value and 1 yr later it was $260,000? That's just irresponsible accounting. The city's inability to correctly account for taxation is in no way the people's problem let alone making them pay for the negligence. Outrageous!

[@ju4121]

Damn they played all of them lol.. But keep waving the BLM flag and support. The BLM founders are thanking you from their LA mansion 👍

[@basemanawakens6089]

So BLM runs the county?

[@deewalker2456]

What does BLM have to do with anything?? Why are some people so race conscious? You need Jesus

[@konstruct11]

Greedy government who decided they own your money

[@shuffleaccount1985]

WHAT ARE THE PEOPLE OF CHICAGO GETTING FOR THIS !!! I WOULD LEAVE !

[@phillipgrey]

That's the 'plan'. Get the people in the high crime areas out. That will stop all the gangbanging.

[@donnastokes-manning6175]

Less police response. They raised their taxes while at the same time allowing anyone to sleep on the homeowners porch or pitch a tent in their yard without worrying about being taken to jail.

[@joeshmoe7450]

Thier getting screwed all across Illinois, people are leaving in droves.

[@user-ek5nl1jc4b]

No no no, they need to stay, they vote for the politicians that do this to them so they can enjoy it.

[@mikejohn0088]

OK...sell and leave. OH, the sell part is hard. Hello? Anyone in there?

[@greghenderson6011]

If you don't appeal to the State legislature and Governor to pass a law capping the amount property tax increase per year this will continue to happen. This happened in Texas and the Governor responded. If they refuse vote them out of office.... Don't allow them to remain in office and reek havoc.

[@sarahholweg9156]

R governor is not a republican like in Texas and he loves spending our money.

[@youdontwanttoknow5203]

No - you should have stopped at "capping the amount of property tax"(es) period. This should be the last time they ever have to raise them. They took enough for the rest of our lives. I'm not kidding. If taxes continue to rise in any way shape or form, we'll go broke - but they seem to rise exponentially - faster and faster at a higher and higher rate.

[@unknownsender6852]

Legalized theft. Stop paying fuqem. My p tax in NH also just doubled to pay for a school system for kids I dont even have 🤬

[@franciscotoscano9924]

Light foot just lost

[@mike60521x]

the black communities got tax decreases, the white and hispanic districts got tax increases

[@BeanerMoney]

@@mike60521x did you not just see the part where the lady says she lives in the austin neighborhood? Thats a black community lol

[@mike60521x]

@@BeanerMoney she was not paying her fair share for years - the property assessed value was $101k to now $260k. So now she is paying her fair share - someone has to pay for the teachers, police, firemen, social workers, streets & san. Remember lightfoot has made it her business to drive businesses out of chicago. She would not let businesses open up because of covid - so the citizens have to make up the tax shortfall. Maybe lightfoot should deliver more pizzas to gay guys like in her commercial to make up the tax shortfall instead - LOL

[@lifeistoshorttolookback]

@@mike60521x I believe that's discrimination against whites and Latinos.

[@chrispnw2547]

Just wait till she gets her higher insurance bill.

[@holland9199]

What you should be asking is who (what corporations) are trying steal, to buy your properties😮! Schools😮 who you fooling, fallow the money where it’s being deposited 😱 Commercial Corporate Properties, that are mostly vacant, there’s your answer. Who is your Congress person 😮

[@garyszewc3339]

Many places property taxes are too high, they're based on the value of your home. Home values almost doubled in the last 5 years, therefore taxes are going to go up.

[@unknownsender6852]

That's called 'unrealized capital gains tax' and should be made illegal in every state

[@PSCA1988]

@@unknownsender6852 The massive increase in home prices should also be illegal in each state but you don't seem to mind that you have lots of home equity.

[@s99614]

Have they doubled where this lady lives?

[@cinnamonone4759]

@@PSCA1988 If you don't use your home as a piggy bank and plan to stay in it, that unrealized gain is nothing but a huge bill for the home owner in the form of property taxes. Unknown Sender is right on in that statement.

[@andrewgeissinger5242]

I don't live in Illinois, so maybe I just don't understand how they do things there, but I don't understand why increased property values would cause property taxes to increase. The rate of taxation on the assessed value is not set in stone. It is, or ought to be, adjusted up or down each year to bring in the amount of taxes needed to fund the budgeted spending. So if property values have increased sharply across the board, but spending has remained relatively stable, all that means is that the rate of taxation would be set lower (on the now higher values) than the previous year to bring in the needed revenue, but overall, the tax on each property shouldn't increase that much. So in that case, if taxes on each property are increasing sharply on most properties, that isn't caused by higher property values, but it is caused by sharply higher spending by the government. I don't know if that's the situation that's happening in Cook County or not. On the other hand, if these massive tax increases are actually confined to a relatively limited number of properties due to the value of those properties increasing significantly more than the increases for the typical property, then that's a different issue, and in that case I can understand why those properties might have a substantially larger increase than most properties.

[@clifflong7944]

Have "The Penguin" get a hold of Jake and Elwood. They are needed for another mission....

[@NAUM1]

Part of it is the sprawl. It is much harder for a single family home to cover the cost of the infrastructure that serves it.

[@drjekelmrhyde]

I live on the 5400 block of North ave(not far from her) That lady in pink is confused. Her house value already was on the verge of $300,000, this area is really not a food desert(unless she's talking about the closure of Food-4-less). What's going to happen is that she's going to move to the area on the southside where property taxes are getting dirt cheap, and the older Latinos from the North will move here, because their taxes are going up to 100%. The taxes didn't cause any of this, this has been going on in this are since 2010. It's just a demographic shift. If she hold out for 5 years she might be able to sell her bungalow home for $500,000 easy.

[@thefucrew9865]

But, CAN SHE hold out ??? THAT is the question. When on a fixed income, you budget for what you can. Higher prices for everything, means that there is less money for property taxes that keep going up. It's funny that this isn't happening in the Republican areas of the state. Only to the Vote-Blue-No-Matter-Who areas and Shitcago.

[@jeretso]

She needs to find an extra $300 a month. Is she living by herself? Hard for people to find a rental nowadays so maybe she should get a roommate. My neighborhood property values went up six figures in a year so my tax bill might be next. Might have to rent out my basement.

[@thefucrew9865]

@@jeretso, with all of the crazies out there....and Netflix giving people even more ideas on how to commit these evilish things, by showing all of the Dahmer, Bundy, John Wayne Gacy, etc. movies....who wants a roommate ???

[@jeretso]

@@thefucrew9865 So I will raise rent price to include life insurance🤣

[@thefucrew9865]

@@jeretso, and then they can't afford to rent with you...and you don't get the roommate, or their money.... And you are right back to where you started.

[@mhughes1160]

Mrs pappas says she gets it But doesn’t really give a 💩 Death by taxation

[@stillwaters4097]

Whats happening is strategic to get them out of these homes so they can gentrify the neighborhood. Its a sad reality.

[@t.t.8878]

Why is Illinois one of the highest Taxed States? Our public transportation, roads, etc are in terrible shape. Where is our money going? Politicians are getting richer on our money! GREED!

[@maric9307]

This is the next wave of putting people in the street. Fund education? Fund whatever? Who can pay an extra few hundred each month? Putting homeowners out. Wth

[@audraarndt1824]

Did u dispute the value increase? Did u vote on any millages/bonds/proposed increase?

[@craigshannon4957]

Well it's happening everywhere. Schools are not the problem. The problem is the low inventory of houses and the high demand for housing in 2021-2022 when interest rates were low which drove up house prices. Now, even though interest rates have increased, inventory is still low, and buyers aren't buying, housing values are still high and have not lost much value. Also, when you consider that blue states are losing their population to red states, they still have to maintain the property taxes to pay for services and materials that have increased due to inflation. So less people have to pay increased property taxes to make up for the population they lost. You can blame the inflation on the Democrats that these blue states residents put into office. So don't cry about it. You blue states got what you voted for.

[@jacquelinelockett]

Stop it…

[@johncronin5311]

Its the truth

[@michaelkendall662]

inventory on housing is low because we now have 45-50M ILLEGAL Aliens allowed to live, work, and play in this country....they have to live somewhere

[@youdontwanttoknow5203]

No, no, no - it's government spending. Also the fox (assessor's offices) getting to determine the value of what they're taxing. That's just so wrong.

[@michaelkendall662]

there is a low inventory because the federal government REFUSES to do its job......ENFORCEMENT would go a long way....45+M ILLEGAL ALIENS in the housing market put a SERIOUS strain on demand....with an OPEN BORDER that is not going away any time soon

[@normanbyler8556]

Welcome to Liberal Illinois! Ohio, Tenn, Fla, Texas anyone!

[@jameskreiderjr7250]

I’m 58 now and I realize things remain the same! When I’m hungry I eat! When I’m tired I sleep

[@rnettles6241]

And if you have money, Cook County will take it from you.

[@bio-nukes4136]

where does all that tax money go from the weed sales ? i remember the 1st day cook county got 3mil in tax money from it. it really does look like they are taxing people out of chicago.

[@ceusolution1524]

Note that her taxes increased by a larger percentage than her assessment was increased. Welcome to Lori Lightfoot Economics.

[@tickytacky8078]

Record corporate profits. Prices have zero to do with any kind of inflation. Corporate greed.

[@skipstalforce]

THis is unreasonable and should be illigal.

[@Joe-ff4if]

The rising property values in cook and lake counties is a slow motion catastraphe happening right before our eyes.

[@youdontwanttoknow5203]

The only people that will be happy are realtors, appraisers and government employees.

[@jamesbroderick9106]

They know that the people own their homes they were left by their moms or their grandparents and now they're trying to tax them out of existence. I own my little home in Florida and our taxes have went up 35% this year alone they went up 15% last year

[@raydemos1181]

Florida has a 3 percent cap

[@jamesbroderick9106]

@@raydemos1181 can you explain to me how my taxes went from. 2500 a year to 3150.00 they should have went up $65 not $650

[@ChicagosM0stWanted]

The Cook County Board Of Review huh? I need to research who's exactly on that Board!!

[@angest323]

zillow inflated house prices

[@barbaradean5242]

My taxes jumped almost three times as high this year.

[@raydemos1181]

my taxes have stayed the same 500.00 per year for 30 years, i will never tell you what part of the country, its a secret

[@BG-mr5xv]

Good , this is true social justice!

[@caramelgumdrop393]

You are an evil person to be joyful at the suffering of others. Hope you’re ready to answer to your sins

[@jerrymylove1754]

Don’t worry we got more taxpayers and voters pouring over the border each day. The problem should work itself out. Don’t be surprised when your grandkids have no jobs or communities left when they become adults.

[@tysonm2525]

You got to admit the idea of paying taxes to own a house you live in is kind of crazy. 🤪

[@prometheusjackson8787]

Maybe move that famous Chicago gun violence to town hall

[@Coffee240]

🤣🤣🤣🤣 voters run to vote for higher property taxes, more for schools, sidewalks, enjoy. I got tried of it, they voted higher property taxes to give the college Supervisor a raise. Poor cities vote for higher taxes for run down schools, roads. So now I just mark yes raise it they want it .

[@richardsmolock2476]

It's only going to get worse. God bless everyone

[@usa5566]

🇺🇸🇺🇸WE NEED TO ORGANIZE A COOK COUNTY CITIZENS PROTEST ASAP! LETS GO!! WE’LL INCLUDE ALL THE DIFFERENT RIDICULES HIKED TAXES INVOLVED!! ENOUGH IS ENOUGH!!

[@brucebeamon5460]

And to think they are pulling THIS STUNT just b4 the implementation of that NEW safe-T law ... where it seems as though police services will be even less responsive

[@paulasmall5113]

Gentrification is an improvement to a location which should bring more taxes. How much increase will be based on how much better, safer area is. My home town is getting scarier gangs on the streets and gangs in the goverment/state

[@schan9547]

Gangs in government will prove all but impossible to eradicate.

[@jaroslawszlaszynski1887]

People patience has limits, when shit is going to hit fan it's going to be ugly.

[@mikejohn0088]

I saw it in 2008-09 when people hung themselves in their homes rather than leave. They were alone but now the bell tolls for those who know they are no longer alone.

[@bobzelley5100]

The time interval between property re-evaluation was delayed well beyond the standard of practice maximum 10 years , thus , the increase reflects a catchup to current value. This has been happening in urban municipalities for 40 years

[@miguelsaucedo8789]

Yet the government says inflation is only 9%. It sounds more like around 150%, if not more, year over year. They need to increase the fed interest rate to cool down this inflation.

[@jayboog5000]

And the award for the dumbest most economically ignorant comment goes to....

[@miguelsaucedo8789]

@@jayboog5000 You're ironic given your unsubstantiated, and monotonous comment.

[@jayboog5000]

Saying you want to be robbed more by the central bank criminals IS moronic, objectively speaking

[@miguelsaucedo8789]

@@jayboog5000 Saying that's what happens when interest rates rise is idiotic. They already did so by printing money. They caused the inflation which essentially devalued anyone's savings or income by more than half. An increase in interests rates increases the value of the dollar in cash purchases.

[@jayboog5000]

Yes that's true they made the printer go brrrr and now we have this mess and they then make it worse by raising fed funds rate which is the amount they charge to create the fake money and lend it into existence it's all a big extortion scheme.

[@berry1669]

I sold out in summer 2019 never to return to this city, the majority of the taxes goes to the pensions of govt. employees and not for the school as they claim shame on you Chicago and crime just keeps growing

[@RageBaby587]

Why do they list the ethnic majorities in each neighborhood? What difference should that make?

[@William1866]

You voted for it.

[@kaybee5162]

Her mind would be blown if she lived in NJ.

[@deborhgilmartin4192]

Exactly 💯

[@Maria.9094]

Yep, totally agree.

[@georgedejohn4470]

Pritzker is in Switzerland eating caviar, lightfoot is out campaigning and saying " Chicago is the best economy economy in the country.😂🤣😂🤣😥

[@ednitsche8188]

Taxes out of control, no politician does a thing. Leave Illinois, if you can. As soon as I retire, we will move.

[@phillipgrey]

Did you get that? Latino neighbourhoods will pay the highest. It's all part of a plan....Lightfoot doesn't care and someone has to pay for all the EMS, Police and Fire calls over stupidity.

[@mike60521x]

the black communities got tax decreases, the white and hispanic districts got tax increases

[@mike60521x]

@@gogogadget9126 kinda sounds like the great replacement theory, huh? But no one believes in those conspiracy theories, right ? As you say - the black folks wont be prepared because they trust govt - lightfoot wont screw them over, right ? they will just be collateral damage

[@Gr3atD4y.4]

Latinos and African Americans a harsh wake up call.... Dam🐀 are not with the latino/African American communities sadly u were just used to give them power !now with the same stick you are getting burn...

[@darrinmcleod2550]

They hoping people move.

[@mikejohn0088]

Stack & pack awaits.

[@michaelmoran3372]

How is Chicago still even a thing?

[@GeorgiaWhisper]

When the property taxes increase....... What major improvements have the made to the city? What resources do "THE PEOPLE" have access to? I'll wait.

[@robertschlueter7249]

Because you voted for it Chicago

[@musicman8539]

Happening in white area as well in cook county

[@schan9547]

"Happening in white area as well in cook county" America always practices on black people to see what it can away with.

[@peterdangelo5882]

SHHHHH. Just pay it or else lose your home. Love blue state blues. FYI city hall needed 93 million more this year in operating costs and the schools needed about 113 million more this year for operating costs. Gotta pay for those higher salaries to combat that non existent 8 percent inflation plus their pensions and medical. Keep voting the way you are voting - love it.