Minneapolis Mayor Fry Triple Whammy Hits Homeowners With 13% Tax Hike

Minneapolis Mayor Jacob Fry is coming for your wallet. With a looming budget shortfall, the mayor announced the triple whammy: budget cuts, city layoffs, and a projected 11–13% property tax increase — all landing on homeowners who are already carrying the full weight of a city in fiscal free fall.The math isn't complicated. Downtown Minneapolis lost an estimated $3 billion in commercial tax base as office towers sold for pennies on the dollar and businesses abandoned their leases. When commercial real estate collapses, that burden doesn't disappear — it lands on residential homeowners, the people whose addresses don't move. Chicago's Brandon Johnson is staring down the same reckoning, and it's only going to get worse.And then there's the police overtime line item. The Minneapolis Police Department is already running $21 million over budget, years after the city defunded and demoralized its force. Residents have quietly stopped reporting crime. Fixed-income homeowners are getting squeezed harder every year. Actions have consequences — and Minneapolis is living them out in real time.Subscribe to @reasonablenews for daily commentary on the stories the mainstream media buries. Hit that notification bell so you never miss an episode.#NFRP #Minneapolis #JacobFryGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL