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Illinois Property Taxes Make Biggest Jump in 30 Years Thanks to New Backdoor Tax Hike

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Hoodat:
Illinois Property Taxes Make Biggest Jump in 30 Years Thanks to New Backdoor Tax Hike

WARNER TODD HUSTON  |  10 Dec 2023

The state of Illinois has some of the highest property taxes in the country and this year that number climbed, with some homeowners seeing a near 30-percent rise year over year in their tax burden.

Last year, Illinois had the second highest rate of property taxes in the country — topped only by New Jersey — with an annual average burden of $4,942 per home. But with the changes made this year, it seems likely that Illinois may claim the top spot for the worst property taxes anywhere.

Property taxes exploded in the Land of Lincoln in 2023. According to a recent study by Cook County Treasurer Maria Pappas’ office, property owners saw the largest tax increase in thirty years.

Some of the towns in Cook that rose the worst were Schiller Park at 29.7% and Des Plaines at 28.7%. Many others saw between eight and 20 percent hikes. Overall, property taxes in the county rose 5.4 percent going from $16.7 billion last year to $17.6 billion this year.  .  .

https://www.breitbart.com/politics/2023/12/10/illinois-property-taxes-make-biggest-jump-30-years-thanks-new-backdoor-tax-hike/

libertybele:
That quite a substantial tax hike.  **nononono*

mystery-ak:
I live in central Il...farm country...although I think our taxes are high they are nothing compared to other parts of Il...

libertybele:

--- Quote from: mystery-ak on December 12, 2023, 02:12:46 am ---I live in central Il...farm country...although I think our taxes are high they are nothing compared to other parts of Il...

--- End quote ---

That's a very good thing. Yay for living in farm country.  happy77

Bigun:

--- Quote from: libertybele on December 12, 2023, 02:05:12 am ---That quite a substantial tax hike.  **nononono*

--- End quote ---

 :yowsa: and one that does not even take inflation (the cruelest tax of them all) into account

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