What are you paying for a gallon of Premium?

Cell

I am paying this >>> Gasoline Prices In Chicago Are Highest In Nation - Yahoo! News

I guess us IL residences can thank the never ending increase in taxes... The closest shell gas station charges 4.68/gal for 93 oct.

I don't know about the other states/cities but here in Chicago, the cost of real estate has dropped but our real estate taxes are still going up. It's up 150-200% since the last appraisal and the last appraisal before that was increased by 300%...

LinPark

You expected your taxes to go down even though your property is worth less??? My only hope is that the value of my house goes to 0.00 - no matter what rate you tax that at you should get 0.00 in taxes. I could then afford $5/gallon gas.

Cell

The way the government comes up with a amount to be paid for real estate tax is by appraising a property. Basically based on the equation when a property is worth less the property tax should go down. But some how the property tax still increase after the drop in value.

As for sales tax/income tax, that is a whole different story. Gas tax has always gone up in Chicago. If I drive out side of Chicago, I can buy gas 20-30 cents cheaper. Unfortunately I am not willing to drive 6 miles out to buy gas and drive back 6 miles again.

With all the increased taxes that we have here, I am surprised that we are even still in debt.

FricFrac

Must be nice - it's about $5 a gallon for 87 here...

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