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RE: LeoThread 2025-11-23 15-44

in LeoFinance7 days ago

Part 1/11:

The Rising Tax Burden in Chicago: A Closer Look at the Consequences

Unprecedented Tax Increases in Chicago’s Troubled Communities

Chicago’s property taxes have surged dramatically, with an average increase of around 17%. This hike hits especially hard in predominantly Black and Latino neighborhoods such as West Garfield Park, North Lawndale, and Englewood. In these areas, residents are facing tax bills that have skyrocketed, in some cases more than doubling, leading to a profound financial burden on communities already struggling economically.

The Political Narrative vs. Reality