THEY CAN’T STOP INVENTING NEW TAXES

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This video looks at a growing push by local governments to find new ways to raise revenue as businesses, homeowners and communities struggle with higher costs. In Venice, California, officials are considering a vacancy fee on empty residential and commercial properties. But what happens when a storefront is empty because rents are too high, customers are disappearing and businesses can no longer make money? We examine the economics behind vacant properties, rising commercial rents, crime, declining retail activity and the growing pressure on property owners.

Then we head to Cook County, Illinois, where property taxes have increased for 32 consecutive years and local taxing agencies are seeking hundreds of millions of dollars in additional revenue. We look at rising property taxes, the burden on homeowners and businesses, declining retail, crime, government spending and the bigger question: when does taxation finally become too much? From Los Angeles to Chicago, are cities addressing the problems driving businesses and residents away—or simply finding new ways to tax them? iAllegedly — a news channel focused on the stories that matter to your money, your business and your future.

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Here are the links for the stories mentioned in this video

https://t.ly/CsgFF

https://www.oaklandca.gov/Business/For-Landlords/Vacant-Property-Tax-VPT

https://www.chicagotribune.com/2026/08/24/tax-bills-homeowners-cook-county-treasurer/

https://t.ly/_A8B2

https://nataliegwinters.substack.com/p/exclusive-la-county-pays-illegal

https://share.newsbreak.com/jea6zxs9?s=i16

https://t.ly/X3dc1

https://t.ly/m34wo

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Please be kind to everyone you meet. All the best and make it a great day

Dan