Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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Wintrust Business Minute: Illinois has 4 of 5 urban areas with highest property taxes
Manage episode 479078360 series 3035618
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Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new study says four of the top five urban areas with the highest property taxes are right here in Illinois. Attom, a property information service, analyzed property tax rates for 217 metro areas. The highest were Rockford, Chicago, Peoria and Champaign-Urbana. Springfield ranked sixth. The analysis, reported by Crain’s, says half of the 10 highest taxing metro areas in the nation are in Illinois. In Rockford, homeowners paid a little more than 2% of their home’s market value in taxes. That rate was 1.9% in Chicago, 1.89% in Peoria and 1.88% in Champaign-Urbana. In the top-taxing Illinois metros, Attom says homeowners pay an effective property tax rate that’s more than double the national average.
Also, The Chicago-based American Bar Association has announced the layoffs of 300 workers. Listen for more below:
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Manage episode 479078360 series 3035618
Content provided by wgnradio.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by wgnradio.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new study says four of the top five urban areas with the highest property taxes are right here in Illinois. Attom, a property information service, analyzed property tax rates for 217 metro areas. The highest were Rockford, Chicago, Peoria and Champaign-Urbana. Springfield ranked sixth. The analysis, reported by Crain’s, says half of the 10 highest taxing metro areas in the nation are in Illinois. In Rockford, homeowners paid a little more than 2% of their home’s market value in taxes. That rate was 1.9% in Chicago, 1.89% in Peoria and 1.88% in Champaign-Urbana. In the top-taxing Illinois metros, Attom says homeowners pay an effective property tax rate that’s more than double the national average.
Also, The Chicago-based American Bar Association has announced the layoffs of 300 workers. Listen for more below:
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Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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