Tax Hike Today?
Remember that transit bailout? Here comes the shaft:
- Fearful of home buyer backlash, but determined to keep the buses and trains rolling, Chicago aldermen are truly between a rock and hard place when it comes to approving a 40 percent increase in the city’s real estate transfer tax tied to the CTA bailout.
Remember that come election time - a 40% tax increase on what for most of us is the single biggest investment of our entire lives. The one asset that just might enable us to leave our kids something. The thing that might enable us to retire to someplace warmer than here. And these alderthieves are looking to steal another few thousand dollars of your investment to maintain a corrupt and mismanaged agency that can't even keep itself afloat.
And if you don't think it's a done deal, think again:
And if you don't think it's a done deal, think again:
- “At the end of the day, we all know we’re gonna do what we have to do to keep the buses and trains rolling,” said Ald. Issac Carothers (29th).
Even though none of this money will actually go to keeping buses and trains running.
Labels: city politics
posted by SCC at 12:02 AM
18 Comments:
man they really suck these lying cheating, stealing politicians. but it all goes back to daley in the end. thats the biggest thief of them all.
Good job democ(R)ats! You just pushed being a homeowner that much further away from me.
Oh... by the way... and I hope all you liberal-pieces of shit-clout baby-democRATS that were whoring yourselves in front of the polling places today read this... I voted Republican straight down the line just because of shit like this.
Raise taxes - vote democrat!
FEARFUL OF BEING OUT OF A JOB AS DISPLAYED LAST YEAR.
IE: BIG MOUTH BURT
ENOUGH!! I will NEVER be able to sell my house. Who would want to pay the taxes here!!!!!!!THis is pure BS. Where is all the Money going??? Whatever happened to Daley's kid and the contract he made money on with the sewer thing? This town sux
What if Ron Paul's Anti-Taxation platform catches onto Mike Huckabee and it becomes contagious nationwide?
How will the Romney media conglomerate mouthpieces justify the utter failure of Romney on Super Tuesday?
Rush Limbaugh?
Sean Hannity?
Mark Levin?
Face the truth,Real Republicans are Conservatives.
“At the end of the day, we all know we’re gonna do what we have to do to keep the buses and trains rolling,” said Ald. Issac Carothers (29th).
at the end of the day sir you have promoted all your gd family and friends! head of the police board your a stroke hope the "G" gets on with looking into your corruption!
A fine idea in a time when the housing market is in dire straits anyhow.
Add a 40% tax, that'll REALLY make people want to buy a house!
Look where a taxpayer voted tax hike in St. Louis is earmarked for. Another police pension fund sues and wins...while we complain on a blog site.
Copyright 2008, St. Louis Post-Dispatch. All Rights Reserved.
ST. LOUIS - Voters on Tuesday approved a sales tax increase that officials said was needed to prevent deep cuts in the city's budget.
The bulk of the $18 million raised annually from the new tax will go toward police and fire pension funds.
But the half-cent increase also will provide raises for public safety employees, hire new police officers and pay for anti-crime programs.
The tax increase was proposed after the city lost a long legal feud with the police and fire pension boards. Last year, the state Supreme Court ruled that the city had shortchanged the funds by more than $20 million combined.
Without the tax increase, the city would not be able to afford its obligation to the pension funds without making cuts, officials said.
Work harder milions on welfare depend on you!!!!!
Now, is HAVE NO DOUBT, VOTE INCUMBENTS OUT beginning to make sense?
Or are we all just going to run, like rabbits, to 'greener pastures', which would be where?
Overheard during the course of polling activities; that the family affair,aka,the county Government, is looking to add a tax on razors, razor blades and cosmetics in an attempt to "get through the year".
The tax increase was proposed after the city lost a long legal feud with the police and fire pension boards. Last year, the state Supreme Court ruled that the city had shortchanged the funds by more than $20 million combined.
Sounds like Chicago. All but the cops winning part.....
i love how they've been crying about doomsday coming if the CTA/RTA didnt get any new money - then the same day a new deal is approved for funding - the CTA announces it's paying a contractor $5 million more that originally agreed to for upgrades to new cta trains including plasma monitors and new seats. wtf are they thinking ??
If these pols keep raising our taxes I'll be on the welfare roll.
40% increase in property taxes
quit bitching we get free CTA rides for seniors and LOTS of city owned flower pots in the middle of the street
wait till we get socialised medical, the feds will have us buyin vehicle stickers along with 75% income tax like europe and europe is still not able to afford it. maybe obama will appoint his homie t. stroger hesd of the new commie care.
Kirkwood Missouri can happen here.
Keep taxing us until we snap.
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