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What happens when a state keeps running a system the U.S. Supreme Court has already declared unconstitutional? In this episode, we unpack how Illinois became the nation’s lone holdout, still operating a tax sale system that can wipe out a homeowner’s entire equity over a few thousand dollars in taxes, and why that has now triggered a cascade of federal lawsuits, county revolts, and potential taxpayer liability running into the hundreds of millions.
By Middle of ItWhat happens when a state keeps running a system the U.S. Supreme Court has already declared unconstitutional? In this episode, we unpack how Illinois became the nation’s lone holdout, still operating a tax sale system that can wipe out a homeowner’s entire equity over a few thousand dollars in taxes, and why that has now triggered a cascade of federal lawsuits, county revolts, and potential taxpayer liability running into the hundreds of millions.