Steel firm’s plans to leave Cook County for Indiana blamed on anti-business policies – Michael Carroll – Illinois New Network

A Cook County steel plant is laying the groundwork to relocate to Gary, Ind., after winning the Gary Redevelopment Commission’s go-ahead this week for a 25-acre purchase of industrial land.

The move by Alliance Steel Corp. prompted observers of Illinois’ business climate to say it reflects a continuing out-migration of Illinois businesses looking to escape high taxes, bad public policies and a looming pension crisis. The company expects to employ about 100 people at its planned 250,000-square-foot plant in Gary.

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Property taxes jump, and jaws drop – Dennis Rodkin – Chicago Real Estate Daily

The property tax bill on Jeff and Roberta Price’s Lincoln Park home was about $400 in 1977, the first year they lived there. It’s been going up ever since, but rarely with the jolt of this year’s 63 percent increase.

The increase, from $8,652 to $14,104, has the couple reconsidering their plan to retire in the Kenmore Avenue home where they raised their kids. They’re looking at homes in Indiana “as a backup plan” for the time when Roberta retires in a few years, said Jeff Price, who is already retired.

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