Pandora’s Box of New Taxes (and the Tale of Thidwick the Big Hearted Moose)

” Earlier today I noted Chicago Metro Area Sales-Tax Receipts Plunge, Property Taxes Rise Cook County and Chicago raised sales taxes only to see sales tax collections plunge. In response to falling revenues Chicago raised property taxes 4.2% in spite of plunging property values.”
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Related posts:

  1. Property taxes going up in Chicago and Cook County
  2. South Florida property values, cities take big hit
  3. New York State Says Bankrupt Lehman Owes $1.2 Billion in Taxes
  4. Impact of CRE Distress Varies Widely Market to Market
  5. Hedge funds set to leave London for lower taxes

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