A proposed change to the Illinois Constitution would effectively transfer power over taxpayer money to government worker unions. The trend of property tax hikes would likely grow even worse during the next four years.
It’s election season in Illinois, and politicians are running on the promise of property tax relief as usual, including every major candidate for governor.
Illinois’ property taxes are already the second-highest in the nation and a major reason taxpayers are fleeing to lower-tax states. That problem could be made worse on Nov. 8 when voters will be asked to decide the fate of Amendment 1, a tax hike disguised as a “workers rights amendment.”
The change would prevent commonsense reforms to reduce homeowners’ tax burdens while giving government union leaders virtually limitless new ways to demand higher costs from taxpayers. If it passes, Illinois’ trend of large annual property tax increases will likely grow faster than ever. Gov. J.B. Pritzker has failed to deliver on property tax relief during his term – the average family paid $1,913 more during his administration.
Amendment 1 would guarantee that family pays at least $2,149 in higher property tax bills over the next four years, no matter which politicians win this November or how well they try to follow through on their promises.
This is a conservative estimate, assuming the rapid growth of Illinois’ property tax burden holds steady. It’s likely property taxes would grow at an even faster rate, because Amendment 1 would give Illinois government unions unprecedented bargaining powers that don’t exist in any other state. Exactly how much faster is an open question.
Read on here.
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