Because the building was previously vacant, Tasty Breads will also seek a Class 6b tax abatement from Cook County. If approved, the abatement would reduce the property taxes on the 4.5-acre site from 10 percent of market value from years one to 10, 15 percent in year 11, and 20 percent in year 12, before returning to the standard 25 percent. Cook County requires local municipalities to support the tax abatement.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
All taxpayers should be treated equally. If they cannot afford pay the same rate as everyone else, then they should go somewhere else.