Cook County Assessor slams commercial appraisers for “systemic undervaluation” – The RealDeal*

The report from Cook County Tax Assessor Fritz Kaegi is the latest development in a yearslong saga of finger-pointing over how to manage property valuations and billing so that the local tax burden is not too high on any particular group of taxpayers.
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debtsor
1 year ago

This defies logic. There is vacant commercial property everywhere in Cook County, it’s like a plague, except for the wealthiest of communities, because the market rate rents aren’t enough to pay the property taxes. Kaegi disagrees and thinks taxes on commercial properties should be higher. These people are delusional.

Free at Last
1 year ago

Go Ahead Fritz, raise their valuations. Raise the rates. Raise their taxes to cover all the theft you scumbag democrats live off of. Keep that death spiral spiralling. The steeper the decline the sooner your slaves can throw you on the trash heap of history for being the absolute POS that you are.

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