tax burden

Glennon said modern buildings with amenities are holding up well, but older, Class B buildings are selling space for 10 or 20 cents on the dollar. #office #chicago #rates

Hynes, who is challenging Kaegi for Cook County assessor, said inaccurate assessments and properties left off the tax rolls shift the tax burden onto other homeowners and small businesses. #taxbills #assessments #cookcounty

The ad argues that while many homeowners have seen rising assessments, Kaegi’s home assessment has declined — a claim the campaign says raises concerns about fairness and predictability in the property tax system. #propertytax #assesor #ad

One of the key reforms being pushed is the creation of a countywide assessment manual with binding standards. #cookcounty #propertytax #

With one of the lowest state estate tax thresholds in the country, Samuel Karnick, senior fellow at The Heartland Institute, warns Illinois’ outdated estate tax continues to threaten the future of generational farms, even as the federal government moves to ease the burden. #tax

“The combination of all the different taxes Illinoisans pay show that their burden overall really takes a chunk of change out of their dollars.” #taxes