{"id":34229,"date":"2018-05-14T07:24:08","date_gmt":"2018-05-14T12:24:08","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34229"},"modified":"2018-05-14T07:24:08","modified_gmt":"2018-05-14T12:24:08","slug":"illinois-to-impose-1-property-tax-on-top-of-everything-annually-for-30-years","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34229","title":{"rendered":"Illinois to Impose 1% Property Tax on Top of Everything Annually for 30 Years"},"content":{"rendered":"<div class=\"pageTitle blogTitle\">\n<h3><a href=\"https:\/\/www.armstrongeconomics.com\/world-news\/taxes\/illinois-to-impose-1-property-tax-on-top-of-everything-annually-for-30-years\/\">Illinois to Impose 1% Property Tax on Top of Everything Annually for 30 Years<\/a><\/h3>\n<\/div>\n<div class=\"mainContent\">\n<div class=\"contentWrap\">\n<div class=\"theContent\">\n<p><a class=\"fancybox image\" href=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-77840 aligncenter\" src=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US.png\" sizes=\"auto, (max-width: 489px) 100vw, 489px\" srcset=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US.png 800w, https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US-300x300.png 300w, https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US-768x768.png 768w, https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US-600x600.png 600w, https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/House-US-100x100.png 100w\" alt=\"\" width=\"489\" height=\"489\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a class=\"fancybox image\" href=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/Rome-Middle-3.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-77841 alignright\" src=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/Rome-Middle-3.jpg\" sizes=\"auto, (max-width: 314px) 100vw, 314px\" srcset=\"https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/Rome-Middle-3.jpg 391w, https:\/\/d33wjekvz3zs1a.cloudfront.net\/wp-content\/uploads\/2018\/05\/Rome-Middle-3-300x230.jpg 300w\" alt=\"\" width=\"314\" height=\"241\" \/><\/a><\/p>\n<p>In Illinois is a State that should just commit suicide and be emerged into surrounding states. It is following the <strong>EXACT<\/strong> pattern as the fall of the city of Rome itself. <b>Constantine the Great<\/b>\u00a0moved the Roman capital from Rome to Constantinople around 330AD. Rome lost its status as corruption and taxes rose. More and more people just walked away from their property for there was <strong>NO BID.<\/strong><\/p>\n<p>Property values are already <a href=\"https:\/\/www.armstrongeconomics.com\/world-news\/taxes\/illinois-property-values-collapsing-as-taxes-rise\/\"><strong>collapsing<\/strong><\/a> in Illinois.<strong>\u00a0<\/strong>\u00a0The Pension Crisis is <strong><a href=\"https:\/\/www.armstrongeconomics.com\/international-news\/britain\/collapse-of-socialism-end-of-pensions\/\">worldwide<\/a>,<\/strong>\u00a0but Illinois is leading the charge. The words of Edward Gibbon from his Decline &amp; Fall of the Roman Empire are very applicable to Chicago. This is how empires, nations, and city-states die. It is always the abuse of taxation that drives people from their homes. Illinois is the <strong>NUMBER ONE<\/strong> state that now has a <strong>NET<\/strong> loss of citizens and people are fleeing that state. Bureaucrats cannot see the trend any more than they can see their own nose. They only see raising taxes. To them there is just no other way. They come first. Gibbon wrote:<\/p>\n<p><em>\u201cHer primeval state, such as she -might\u2013appear in a remote age, when Evander entertained the stranger of Troy, has been delineated by the fancy of Virgil. This Tarpeian rock was then a savage and solitary thicket; in the time of the poet, it was crowned with the golden roofs of a temple, the temple is overthrown, the gold has been pillaged, the wheel of Fortune has accomplished her revolution, and the sacred ground is again disfigured with thorns and brambles. The hill of the Capitol, on which we sit, was formerly the head of the Roman Empire, the citadel of the earth, the terror of kings; illustrated by the footsteps of so many triumphs, enriched with the spoils and tributes of so many nations.\u00a0<\/em><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Illinois to Impose 1% Property Tax on Top of Everything Annually for 30 Years &nbsp; In Illinois is a State that should just commit suicide and be emerged into surrounding states. It is following the EXACT pattern as the fall of the city of Rome itself. Constantine the Great\u00a0moved the Roman capital from Rome to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[5496,9989,5479,12248,1816,10080,7383],"class_list":["post-34229","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-armstrong-economics","tag-illinois","tag-martin-armstrong","tag-pension-crisis","tag-pensions","tag-property-taxes","tag-public-pensions"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34229"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34229\/revisions"}],"predecessor-version":[{"id":34230,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34229\/revisions\/34230"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}