Last week, Moody's Investors Service downgraded the credit rating of Chicago Public Schools. Today, it's Fitch Ratings that's downgrading CPS. The school district's credit rating now sits at A with a negative outlook, the same rating given to Illinois, which has the lowest rating of all 50 states.
"You have a situation where a person owed $8 and lost their house. I mean, how is that equitable?" asked Michigan Supreme Court Justice Richard Bernstein.
A Michigan Man Underpaid His Property Taxes By $8.41. The County Seized His Property, Sold It—and Kept the Profits.
A state law allows counties to effectively steal homes over unpaid taxes and keep the excess revenue for their own budgets.
The Eighth Amendment prohibition against excessive fines and fees applies to states as well, SCOTUS rules, opening a new way to challenge outlandish forfeitures.
Do you feel safer now?