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        • Home Construction Deemed Essential!
        • Sticker Shock!!!
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        • 2019 Illinois General Assembly Highlights — Part I
        • Oppose HB2838 — General Contractors held liable for Subs’ Employee Wages
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        • HBAI Lobby Day a BIG Success!
        • More Labor Bills – More Anti-Business Legislation – More Regulation
        • Home Builders Prepare to Defend the Public Construction Bond Act
        • HBAI Spring Session Report
        • HELOCS Deductible for Capital Improvements, IRS Says
        • Home Building & Remodeling Once Again Under Attack in Springfield
        • Board Meeting, Installation Banquet & Veto Session
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        • Vote Now for a Home Builder Hero
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        • Board Meeting, Installation Banquet & Veto Session
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  • Home
  • HBAI
    • By-Laws
    • Executive Officers
    • 2023 HBAI Board of Directors
    • HBAI Staff
    • Member Benefits
    • Reasons to Join
    • Join HBAI
    • Blog
    • Contact
  • Members
    • Local HBA’s
    • Locate Local HBA’s by County
    • Map of HBA’s
    • Member Benefits
    • Educational Opportunities
    • HBAI Talk
      • 2019 Talk
        • Healthcare Survey for Members
      • Talk 2018
        • Things Learned at the Builders Show
        • Board of Directors Meeting @ IBS 2018 Pictures
        • HBAI Reception at IBS
      • Talk 2017
        • Advocacy Leadership Award
        • HBAI on a Mission
        • Housing Hall of Fame Inductees 2017
        • Builder Member Rebates
  • Government Affairs
    • State Laws You Should Know
      • Introduction to State Laws You Should Know
      • Illinois Recreational Cannabis Law Effective January 1, 2020
      • Employee Business Expense Reimbursements 2019
      • Farmland Preservation
      • Home Repair & Remodeling Act
      • Illinois Building Code Freeze
      • Illinois Energy Conservation Code
      • Implied Warranty Law
      • Interest Paid on Certificates of Error
      • Model Home Act
      • Illinois Building Code Freeze
      • Passive Radon Systems
      • Proportionate Property Improvement Valuations – “Pro-Rata Valuations”
      • Public Construction Bonds
      • Septic System Turf Battle
      • Vacant Lot Act
    • HomePAC
    • HBAI Speaker
      • 2022 Speaker Topics
        • January Update
      • 2021 Speaker Topics
        • HBAI OPPOSES MANDATES FOR ELECTRIC CAR CHARGERS & THE STRETCH ENERGY CODE
        •   Home Builders Survive Union Ambush
        • HBAI OPPOSES SB2896 – CAR CHARGERS & STRETCH ENERGY CODE
        • 2021 State Energy Code Price Tag – $10,000 Per Home
      • 2020 Speaker Topics
        • ComEd Deadline to Grandfather Existing Subdivisions/Developments
        • Vote No on the Progressive Tax
        • End of Session Report
        • Session Update 5/20/2020
        • Home Builders Oppose Car Charger Mandate
        • WCC Repeals Work Comp for COVID-19
        • COVID-19 Added to Work Comp Claims
        • Pandemic Housing Issues
        • Home Construction Deemed Essential!
        • Sticker Shock!!!
      • 2019 Speaker Topics
        • Senate Holds Hearing on Subcontractor Failure-to-Pay Bill
        •  2019 Illinois General Assembly Highlights  —  Part II
        • 2019 Illinois General Assembly Highlights — Part I
        • Oppose HB2838 — General Contractors held liable for Subs’ Employee Wages
        • March Madness in Springfield
        • Legislative Committee Begins Its Work
      • 2018 Speaker Topics
        • End of Session Wrap UP
        • General Assembly Approaching Adjournment
        • HBAI to Oppose County Recorders Legislation
        • Lobby Day Harvest Housing Victories
        • HBAI Lobby Day a BIG Success!
        • More Labor Bills – More Anti-Business Legislation – More Regulation
        • Home Builders Prepare to Defend the Public Construction Bond Act
        • HBAI Spring Session Report
        • HELOCS Deductible for Capital Improvements, IRS Says
        • Home Building & Remodeling Once Again Under Attack in Springfield
        • Board Meeting, Installation Banquet & Veto Session
        • Election Night Projections 2018
        • Vote Now for a Home Builder Hero
        • Veto Session in Springfield
        • Four Favors
        • HBAI Takes on the Tasks at Hand
        • HomePAC – IBS – Associate Member Appreciation Month
        • Last Chance for the Century Ride Pledge Drive
        • HBAI Mid-Year Report
        • End of Session Wrap UP
        • Board Meeting, Installation Banquet & Veto Session
      • 2017 Speaker Topics
    • Voter Voice
  • Calendar of Events

Four Favors

 

Meet Jack Lageschulte, he’s the handsome one in the middle of the photo standing between me and HBAI President, Pat Franz. Jack was and still is a builder from Barrington. He was HBAI’s President in 1981, is a past President of HBA of Greater Chicago, and is in the HBAI Hall of Fame and the HBAGC Court of Honor.

Jack and I stay in touch and I send him our newsletters, so he can keep up with association goings on.

When he received our last appeal to contribute to HomePAC for my Century Ride, Jack decided to do more than just contribute. Jack took some of the content from my appeal, added his views on the matter, and sent it out to all his friends in his email group titled: “RWKJ.” It stands for Right Wing Knee Jerk.

Please read Jack’s letter and think for a moment about what he is saying here. If you agree with him, you may want to honor his request for four favors.

“I know you might not be living in Illinois. However, please read anyway.

I’m writing to ask a favor…actually several favors.

Illinois is in crisis!

         We can’t pay our bills.

        Our pension systems are “underwater.”

        Chicago is the murder capital of the USA and is the only major city to lose population in the last decade.

 As a result, the Chicago area is the only major area whose housing prices have not rebounded to 2007 levels.

 With people leaving the state, there is virtually no new construction.

 If the polls are accurate JB Pritzker will be elected Governor. The House, Senate, and Governor will be controlled by the Democrats (good or bad depending on your point of view)

 According to a friend, the Democrats will have the ability to change the Illinois Constitution….and intend to do so.

 Our Constitution requires a flat tax on personal income and business income tax at an 8 to 5 ratio. The Democrats want to change the personal tax from flat to graduated and do away with the ratio between personal and business taxes. (again,….good or bad depending on your point of view)

 However, the State of Illinois is also contemplating a 1% statewide property tax to pay down the $203 billion pension debt. That’s $41,000 per Illinois household. Theoretically, the additional income will be used to put our fiscal house in order. (I for one do not believe much will go for debt reduction but rather for additional spending)

 Presently, the average Illinois property taxes are about 2.25% (second highest rate…behind only the State of New Jersey) $6,750 on a $300,000 home (depending on School districts etc.) Under the proposed increase the new tax bill would be $9,750…a $3,000 increase!

 As costs go up, real estate values go down!

 Now the favors-

#1 VOTE – Election day is less than a week away.

 #2 Pass this on to friends and family living in Illinois

 #3 Call or write your State Senator or Representative and ask him or her to resist the proposed 1% real estate tax increase.

 #4 Donate to HomePAC, the campaign arm of the Home Builders Association of Illinois. They will fight the Graduated tax plan and the Statewide Property Tax. Go to hbai.org to make your money fight for you!

 

Sorry if you receive this more than once.

 

Jack

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About us

The HBAI is the watchdog for builders, contractors, developers and all those involved in home building across Illinois. We work hard to keep legislation and regulatory action favorable to the industry--and especially to how it affects our members' bottom lines. We keep you informed, connected, and aligned with the best the state has to offer - including ongoing certification and affinity programs, our annual Lobby Day, and opportunities to serve on our board or in other capacities. Let us know when and how you are ready to get involved.

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