RAHM'S CHICAGO HOME Nice big house, politically correct solar panels, big yard, one way street, 2.5 baths, 2,791 square feet. Maybe the terrorists could be held here? (/snicker)
================================
" Rahm Emanuel lives tax free in a magnificent Chicago mansion owned by “The Rahm Emanuel and Amy Rule Charitable Foundation,” According to the Cook County Assessor’s website, the Chicago home of 4-term Democrat Congressman and White House COS, Rahm Emanuel, doesn’t exist. 4228 North Hermitage is listed as Emanuel’s residence on the Illinois State Board of Elections’ website, but there is no public record of Emanuel ever paying property taxes.......
Why? One reason could be because Emanuel, and his wife, declared their home as the office for their TAX-EXEMPT non-profit foundation called “The Rahm Emanuel and Amy Rule Charitable Foundation.” As a TAX-EXEMPT non-profit headquarters, Emanuel and his wife probably consider their home exempt from taxes.
BACKSTORY January 2007 USA Today reported on Emanuel and his wife’s tax-exempt "foundation" (operated out of their Chicago residence). The tax-exempt "Rahm Emanuel and Amy Rule Charitable Trust" was formed in 2002, when the Chicagoan was first elected to Congress. Rahm and his wife, Amy Rule (a convert to Judaism), are its only donors.
At one point the Emanuels did not pay real estate taxes b/c their residence is the tax-exempt foundation's office. According to the Cook County Assessor’s website multi-millionaire Rahm Emanuel's Chicago home doesn’t exist. There seems to be no public record of Emanuel ever paying property taxes on this home.
The Cook County Assessor’s and Cook County Treasurer’s online records indicate Emanuel’s neighbors pay between $3,500-$7,000 annually. Illinois Review was unable to locate any evidence that Emanuel--- a multi-millionaire---was paying taxes.
===================================
Rumor has it that the Emanuels now pay some taxes on the property, probably due to negative public scrutiny.