Category: Property Tax Rates

Reports: Illinois Has High Tax Burden, and Also Among Least Fair – Story | Rockford, Illinois | MyStateLine | WTVO and FOX 39

Two separate analyses of Illinois tax policy reveal that, not only do Illinois taxpayers’ pay one of the highest tax burdens in American, but they also pay one of the least fair.  A story out of Rockford WTVO and FOX 39 shares an analysis of the tax costs to Illinois Citizens. Source: Reports: Illinois Has Read More …

“High Property Taxes are Driving the American Dream Underground”

Even Downstate Illinois complain about high taxes, stating that “high property taxes are driving the American Dream underground”, and they’re a bit more reasonable than ours here in Lake County!!!  A guest commentary article from the downstate News-Gazette suggests that a tax freeze would help taxpayers recover from some of the revenue wasting exercises by politicians, municipalities and Read More …

Housing prices–recovered from ’05?

Information from the Lincoln Institute of Land Policy was used to drive an analysis of home sale prices and their changes from 1997 thru 2014  According to the data, prices seemed to have reached their peak in ’05-’07., obviously, major US cities have had varying degrees of price growth after the housing bubble.  Howmuch.net’s blog provides Read More …

Franks’ Legislation Limiting Creation of New Taxing Bodies Signed into Law

State Rep, Marengo, Jack Franks’ bill to limit new taxing bodies in Illinois, has been approved with bipartisan support from both the House and Senate.  With Illinois’ huge number of taxing bodies ~7,000, we lead the country in overlapping entities, wasting taxpayer money.  Finally, someone is doing something to limit this foolishness. The Woodstock Independent – Read More …