Contrary to what some children think, money doesn’t grow on trees.

If you want to build something, people have to come up with the money.

This headline in Tuesday’s Chicago Sun-Times caught my attention.

It puts Tax Increment Financing Districts into perspective.

%75 mil. Windfall for Rush?

Where do you think that “windfall” will come from?

It will come from taxpayers all over Chicago and Cook County.

That’s because area tax districts will raise their tax rates in order to make up for the income they are losing to Rush.

Similar income transfers from current taxpayers to TIF district beneficiaries is occurring in McHenry County.