The new owner of an airport on Newfoundland Island owes $500,000 in property taxes – but the mayor of the town where the airport is based is shrugging off the delinquency while the local chamber of commerce leader is furious. CBC reports Ottawa businessman Carl Dymond...
The Wyoming legislature is considering a bill that would provide a property tax exemption to Gold Star families. WyomingNews.com reports that Senate File 102 would extend the existing veterans’ $6,000 property tax exemption to the parents of a veteran who died while...
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 16-20. Miss: Welcome to Spin City. The National Association of Realtors (NAR) has...
Chicago Mayor Brandon Johnson has responded to pressure from City Council members and his constituents by dropping his effort to raise property taxes as a strategy for covering the city’s $1 billion deficit. WTTW reported Johnson informed City Council members on...
Chicago Mayor Brandon Johnson abruptly called off today’s City Council vote on his 2025 budget after failing to secure support for his latest property tax proposal. According to combined media reports, the mayor’s original proposal of enacting a $300 million property...