As part of my plan to talk about TIFs to everybody everywhere, I go to a north-side neighborhood high school to explain how this sucker works.
The Tax Increment Financing program, as you know, is the ongoing $500 million dollar a year scam in which the mayor diverts the aforementioned $500 million out of the property taxes you pay.
As a matter of fact—just got my property tax bill in the mail. Oh, joy.