Go offline with the Player FM app!
Chicago Tax MELTDOWN: 130% Property Tax Hike After Progressive Policies BACKFIRE
Manage episode 520811750 series 2792715
Chicago residents are getting absolutely destroyed by property tax hikes—some neighborhoods seeing increases of 130% or more—and they're shocked? Really? This is what happens when you vote for "progressive revenue" politicians like Brandon Johnson who chase away every major business with their anti-corporate agenda. Now that Caterpillar and countless other companies have fled to Texas and Florida, guess who's left holding the bag? That's right, the homeowners.We break down how Chicago's war on business created a $134 million commercial property tax shortfall that residents are now forced to cover. Meanwhile, Johnson doubles down with even MORE business taxes—a $20 per employee "head tax," yacht taxes, and social media user fees. Is anyone surprised this progressive playbook is backfiring spectacularly?When will voters connect the dots between their ballot choices and their skyrocketing tax bills? How many more businesses need to pack up and leave before Chicago wakes up? The wheels are coming off in real time, and we're watching every painful detail unfold.
3167 episodes
Manage episode 520811750 series 2792715
Chicago residents are getting absolutely destroyed by property tax hikes—some neighborhoods seeing increases of 130% or more—and they're shocked? Really? This is what happens when you vote for "progressive revenue" politicians like Brandon Johnson who chase away every major business with their anti-corporate agenda. Now that Caterpillar and countless other companies have fled to Texas and Florida, guess who's left holding the bag? That's right, the homeowners.We break down how Chicago's war on business created a $134 million commercial property tax shortfall that residents are now forced to cover. Meanwhile, Johnson doubles down with even MORE business taxes—a $20 per employee "head tax," yacht taxes, and social media user fees. Is anyone surprised this progressive playbook is backfiring spectacularly?When will voters connect the dots between their ballot choices and their skyrocketing tax bills? How many more businesses need to pack up and leave before Chicago wakes up? The wheels are coming off in real time, and we're watching every painful detail unfold.
3167 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.