Trump wins $1 million property tax refund on his namesake Chicago skyscraper – Chicago Sun-Times

The refunds will come out of the property taxes due this year to the city of Chicago and eight other government agencies. The Chicago Public Schools system stands to lose the most money — about $540,000.
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Poor Taxpayer
3 years ago

Soon it will be a worthless piece of junk property.

FJB
3 years ago
Reply to  Poor Taxpayer

That’s true of the whole city, courtesy of Brandon.

Aaron
3 years ago
Reply to  Poor Taxpayer

Every property in Illinois has negative value.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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