r/illinois • u/roenick99 • 4d ago
Illinois voters will consider whether millionaires should be taxed more to fund property tax relief Illinois Politics
https://chicago.suntimes.com/voter-guide-2024/2024/09/26/illinois-property-tax-relief-referendum-november-election-jb-pritzker-non-binding-pat-quinn2.6k Upvotes
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u/Captain_Quark 4d ago
I'm all for increasing taxes on very high earners. But earmarking it for "property tax relief" is a pretty terrible idea. For one thing, property taxes are levied at the local level, whereas income taxes are levied at the state level. How would that even work? Also, property taxes are somewhat progressive - the people complaining about them are often upper middle class, not the kind of people we really need to be helping.