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IPFS News Link • TAXES: State

Frustrated Illinois Taxpayers Pay Property Tax With $1 Bills

• thedailyliberator.com

However when McGrath was told that taxes would go up another 26% this year and nobody could provide any explanation for it, he had enough, and decided that a statement needed to be made.

That statement, as it turns out, was to pay the first installment of his commercial and residential property taxes in single dollar bills. McGrath said that by doing so, perhaps someone would relay that to the tax assessor that people are not happy about what's taking place.

I built my house in 1999, here in Woodstock inside the city limits. The first hint I got was a $13,000 permit fee so that we could even start building. The taxes in the first year and the second year were like $2,500 a year and then seventeen years later, this year they jumped 26%, and I'm at $11,600 a year, and no one can explain why. Why 26% in one year, I didn't change anything, I didn't build anything, I didn't add anything, it's just out of control."

"Out of frustration, I said that because the tax bill jumped like that for no explanation then I'm going to pay it in single dollar bills. I would like to pay it in change but they don't accept that. I started gathering up singles, and a lot of them, the first installment for my commercial property and my residential was almost $16,000 in singles. The company, I gave them $9,995 singles because the accountant advised not to go over $10,000 because you'll draw an IRS tax notice, so they got $9,995 in singles and then they got a check for the difference. And my residential property I gave them all singles for that as well."