@DMTtatortot @ZachFOCO @EricSpracklen There will not be another 2008 in our lifetimes. Simply because there will never be that many owners upside down.
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Oldin Sloe
12.5K posts
@OldinSloe @ZachFOCO @EricSpracklen Correct it will be far worse. In 2008 there was a million new domestic employees entering the workforce. That number is basically net zero at this point. Not even mentioning the ai wrecking coming for white collar jobs and a demographic time bomb.
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The crash is going to be unprecedented.
Pray for your friends and family that panic bought in the last 6-7 years.
They are going to get crushed.
Barchart@Barchart
U.S. Housing Market has reached its most unaffordable level in history 🚨🚨
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@ZachFOCO @EricSpracklen It won’t even be remotely close to 2008. IF anything happens at all.
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But in 2008 we had too many homes and banks giving out loans to anyone.
Now we have 100 million extra illegals who came here in less than five years and are getting homes paid for by the govn't. Plus black rock is holding on to homes so it's a bit different this time.
It's not going to crash, we are all just going to be miserable forever.
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@RepJeffries Illinois, California and the entire North East would like a word. Woefully inaccurate statement.
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You started this redistricting war.
The people of America will finish it.
Pipe down.
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And so it continues for the resident of Illinois. Just got my 2 year notice for electric service in Roscoe, which is not Comm Ed, and we are looking at a 22% increase. But hey, keep giving breaks to data centers, and have the tax payers build the Bears a stadium. WTF.
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@ReggieHargett I currently have a 42" Zero Turn, I'll probably have to suffer through the first year and then I'll look into upgrading.
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@ChicagoREDP @ChicagosMayor I go to Chicago maybe once every few years. I find it hilarious you’re complaining about parking. It sucks, always has sucked, and will continue to suck.
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Fun fact: The Chicago Riots of 1919 were about limited access to the beach for Negroes. In 2026, access to the lakefront has been limited again through privatizing the parking. If this doesn’t change, it’s going to go down again @ChicagosMayor
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@allenanalysis Okay, so which way is it going to be? You have a right judge throw this out, you have left judges throw stuff out and overruled, or not, by a higher court. So either they are all wrong or this is how the system is suppose to work.
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If this is what they do in Virginia over a redistricting vote, what do you think they will do in November when control of Congress is on the line?
Watch what they are showing you right now. This is the playbook. They will take your vote the second it does not go their way.
Take note.
Never stop connecting the dots.
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Let me explain what just happened in Virginia.
Yesterday, 2.5 million Virginians voted. They passed a redistricting amendment 50.7% to 49.3%.
Today, one judge threw out every single vote. 🧵
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@bearszn @brendenmoore13 One small step for the Bears, one giant leap for Illinois tax payers.
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The Illinois House has voted to APPROVE the megaprojects bill that would clear the way for the Bears to build a stadium in Arlington Heights, per @brendenmoore13
The bill still has to go through the Senate, but this is a good step towards the Bears staying in Illinois after years of no movement. 🐻⬇️
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@Jake_B30 Absolutely. I don’t want my property taxes going up to subsidize billionaire Bears owners and the Crook county grift.
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So Illinois politics still getting in the way of the #Bears and AH finalizing a stadium property tax
Politicians adding in a bunch of nonsense to try and get personal agendas in the bill
Yeah, it’s simple to me… move to Indiana and tell Illinois politicians to screw off
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@SpanbergerForVA Chicken or the egg? Completely stupid statement considering what CA and IL along with all the states in the NE have done. And the did it a long time ago and continue to.
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The President ordered states to draw more Republican seats in Congress because he knows he cannot win with his record.
Rising prices. Reckless war. Failed promises.
Virginians made their response loud and clear last night. Now, we get to work to win in November.
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@danholyo @BrianCostin I am guessing the same people will determine full tax value that arbitrarily determine what your house is worth?
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@OldinSloe @BrianCostin The law allows districts to claim full tax value. Meaning, if business “A” only pays $20 million in taxes but the max tax value is $200 million, the district can and will raise residential and local business property taxes to make up for the $180 million yearly shortfall
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A new Chicago Bears/Statewide Megaproject bill/amendment dropped this morning. It is 375 pages long. 338 pages longer than the previous version.
The bill poses a huge risk to taxpayers and may be worse than previous versions.
It raises a lot of questions. Link & analysis below. ilga.gov/documents/legi…
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@IsIllinois It’s Illinois. They will raise taxes and the will be zero real estate tax relief. It’s what they do.
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Almost every business owner in Illinois will see an income tax increase. This includes LLCs, subchapter S corps, farms & trusts with income
Technically this will raise the income tax on us all then carve out brackets
Claims then property tax relief only for owner occupied homes
Mark Denzler@IllinoisMfgAssc
The @IMA_Today testified in opposition this afternoon on a proposal from State Rep. LaShawn Ford that would impose a new 3 percent “income tax surcharge” on individuals and small businesses earning more than $1 million. The proposal calls for the $3 billion in new tax revenue to be spent on education and property tax relief. While laudable to help fund schools and provided much-needed property tax relief, this proposed Constitutional Amendment has numerous flaws. 1. It would raise taxes on 22,000 small and mid-sized businesses that pay taxes under the individual rate (Subchapter S Corps, LLCs, etc.). Many of these companies use that money to reinvest in the companies and don’t put it in their pocket. 2. While businesses will pay higher income taxes, the sponsor indicated that the property tax relief will be used exclusively for residential property owners. No relief for employers who pay the highest property taxes in the United States. 3. Illinois’ Constitution has an 8:5 ratio between corporate and individual income tax rates. If enacted, the individual rate would jump from 4.95 percent to 7.95 percent (61 percent increase). Lawmakers could then change state law and bump the current corporate tax rate to 12.7 percent based on the ratio. 4. There is no “lockbox” meaning that while the $3 billion would be used for education and property tax relief, there is no guarantee that it won’t have a “bait and switch” with elected leaders using the same amount of money for other spending purposes. Illinois voters defeated a graduated income tax several years ago. We encourage lawmakers to vote No. ❌
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@ROCKCRAWLN Word to anyone with common sense. If you’re going to tow that much more than once, buy a 3/4 ton pickup.
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Word to the wise.
Escalade has 8500 lb tow rating.
They lie.
7000 lb will blow your rear end and then transmission after they fix that.
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The Trump administration is kicking 150,000 Illinoisans off of SNAP on May 1.
He's ripping away help from Illinoisans as the cost of their groceries, gas, and utilities continues to rise.
Make sure to check your status at abe.illinois.gov. capitolnewsillinois.com/news/150000-il…
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@ggabefootball @poopoothepirate Ya unless the local government offers tax credits to attract business.
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@poopoothepirate Exactly and each of those “lots” Will be paying taxes
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When Arlington Park was still around they were paying property taxes of between 2.8 to 3.2M.
The Bears now are paying 3.6M for a vacant piece of land. The county and school districts want to gouge them way more. That’s just not right.
Not only will a Stadium be in the property but there will also be several other buildings/business paying taxes. It will be a cash cow for the county/school districts when the whole project is complete.
The idiot politicians never see the big picture they look at just a small part. And we wonder why this state is so screwed up
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@BrianCostin Please expound upon the non mega project estate tax payer portion. This from a northern Winnebago County resident who lives in a top 15 tax county, in the ENTIRE country.
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When the new Bears Megaproject bill - HB 910 - drops I will be analyzing it line-by-line here on X. Good or bad.
As it stands, it would be a disaster for non-Megaproject property taxpayers. Instead of property tax certainty, it’s more accurately described as a property tax swap bill. In Arlington Heights alone, it could shift more than $300M in property tax hikes onto surrounding communities in Cook County per year, once construction is completed.
Another proposed $20B Megaproject in the bill sponsor’s backyard - One Central - could receive $600M-700M/year in property tax breaks/swaps once completed.
Together, just two megaprojects could shift $1B/year in property tax hikes onto neighbors. Horrific!
Yesterday, House Democrats waived third reading bill deadlines for HB 910. It was due last week, but has been extended to the end of May.
It looks like Republicans voted stop the waiver of the rules, but the vote tally doesn’t appear online.
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@INDems Reference or I call buuuuullshit. Illinois has horrible electric bills.
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Did you know Hoosiers pay the highest electricity bills in the Midwest? 20+ years of one-party Republican utility regulators and legislatures has increased electricity profits at your expense.
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@MatrixMysteries That’s the way it works for everybody. You are no different. This is nothing new. Move along.
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A daughter loses both parents and checks their Social Security.
They paid in for DECADES — nearly $1,000,000 combined.
Her dad died before seeing a DIME.
Her mom received a few short years of checks.
They paid their whole lives. A lifetime of deposits for almost NOTHING back.
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