"Another troubling sign is the increasing flight of wealth and earning power associated with those moving out of Illinois. Migration data from the Internal Revenue Service, or IRS, show that as of tax year 2014, the average income of taxpayers leaving Illinois was $77,000 per year compared to an average income of $57,000 per year for those moving into Illinois. This $20,000 differential between the average earnings of those moving out compared to those moving in is the worst in Illinois history and the worst in the country."
I have seen the same thing although being in Northwest Indiana we are seeing the benefits of all the people moving out of IL. Sad to see for the state of IL though. We do a decent amount of work there too.
I'm not surprise. IL hasn't had a budget in three years. Add in the rising cost of everything here and the high crimes(poverty areas) and you have the result of people wanting to leave. Not to mention most of the politicians here end up in a scandal. But hey it will always be home to me.
Moody's says Chicago Public Schools, to work its way out of debt, must consider a property tax hike of more than $400 million annually. Moody’s says other options are delaying contributions to an already underfunded teachers’ pension system or declaring bankruptcy.
I moved south of the Cheddar Curtain to Rockford a year ago. Rental properties here are affordable to invest in, and I self manage. I saw an opportunity to buy an income stream, albeit in C properties.
Taxes just get rolled into the rent, like any other cost factor. It sucks to tell tenants that the rent is increasing. I am remembering that freezing property taxes was in the current IL budget bill. I think the legislature is planning on only one vote to approve all of the bills that are required to pass the budget.
lived through the Walker protest in Madison, it stuns me people aren't reacting to the non budget more vocally.
As true as it may be, you're not going to see the state suddenly clear out. (Some) People still have jobs and need a place to live.
So, "as you were", maintain business-as-usual ...
We'll get by until Madigan has a massive coronary, strokes out, or whatever eventually takes him out of the picture. No one lives forever. Too long sometimes, but not forever.
As true as it may be, you're not going to see the state suddenly clear out. (Some) People still have jobs and need a place to live.
So, "as you were", maintain business-as-usual ...
We'll get by until Madigan has a massive coronary, strokes out, or whatever eventually takes him out of the picture. No one lives forever. Too long sometimes, but not forever.
This may help clear out some north side families with kids.
Gang Member Shot Outside Lincoln Park School Tuesday
A 25-year-old man was shot in the leg outside of Cardinal Bernardin Early Childhood Center in Lincoln Park on Tuesday evening.
It was the second shooting in that immediate area since Monday.
Witnesses reported seeing a man get out of a black vehicle and open fire outside of the school on Paulina at Diversey around 5:35 p.m. He then returned to the car and fled, witnesses said.
Two hours later, the victim—identified by a source as a documented gang member—walked into Advocate Illinois Masonic Medical Center with a gunshot wound to his left leg. The man, who is in good condition, told police that he was walking near the 1600 block of West Diversey when he heard shots and felt pain.
Parents were picking up their children from Cardinal Bernardin at the time of the shooting, according to a witness. No children were injured.
Police found gunshot damage to church property, and they recovered shell casings in the 2700 block of North Paulina. Nearby residents have been asked to provide surveillance video feeds to police.
Early Monday morning, a 24-year-old gang member was grazed in the face after someone in a passing car opened fire on him in the 2000 block of West Diversey, less than a half-mile west of Tuesday’s incident.
The carnage in Chicago will continue until someone in Chicago government grows a pair and a backbone, and utters the phrase, "Gang Wars" repeatedly until even the deniers get on board. THEN, we'll see things change - not before.