TIF is tax increment financing. In Illinois it is weaponized tax-taking for purposes of crony-capitalism.
The sum of the profits to TIF recipients (friends of the regime) are often exceeded by the economic losses to taxpayers.
This presents an opportunity for taxpayers: in most instances it would cost taxpayers less to 'lobby' those empowered to TIF --hire the municipal ruler's whatever-firm as a consultant, make campaign contributions or buy several thousand cups of lemonade a…
