Using Zillow.com I looked at homes for sale in Springfield, Illinois. The search bar has a "More" option, under which can be found 'Days on Zillow' where you can select between one day and thirty six months. So as of February 14, 2018 Here is the breakdown of Springfield's available real estate:
What am I to infer from this? Are the same houses sitting on the market since 2015? Are people trapped in homes they've been trying to sell since 2015?
The need for a Sales Tax
Let's look at the average home values by City:
The need for a Sales Tax
Let's look at the average home values by City:
Springfield ranks 7th, so the average income tax within the city proper doesn't help fund it's infrastructure, so the wealthy people living outside the city are reaping the benefits of Springfield's infrastructure daily, while avoiding certain taxes and fees. This is why an increase in sales taxes is necessary.
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