This is S.O.P. for Cook county politicians, first I can recall for a news reader?
Apparently, he pissed off one of his neighbors and they started making calls.
My house is valued at less than 25% of his and still, I pay way more real estate tax.
I have pleasing visions of a mainstream media reporter behind bars.
Yep, and he keeps it obfuscated from his name by having it owned by a “land trust”. That investigative reporter must have thought that he would never be investigated.
“Hynes, who was elected assessor last year, said it was not unusual for the county assessor to miss a major change to a property. “
How did the $1.4 million sale go “under the radar”?
The old house was torn down and a new, more expensive house was built. I’m my county, that requires permitting...up to and including “final approval”. The LAST step in the process, after final approval...the property info is turned over to the county accessor’s office to set the value...and start taxation.
I lied in Dallas, TX for most of my life...I remember a news story detailing how most of the ‘elites’ or connected in Dallas gov drove Mercedes Benz cars, yet none of them could show who owned the cars. Tags had either never been applied for or was never renewed. One city council member left a new MB in the parking garage at Love Field until it rotted...
If the house is actually worth $1.9 million, the property taxes would amount to $40,000 a year.
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This is there *real* story. When yearly. R/E taxes are more money than what would have been the full price for a home 40 years ago; do you really ever own your home? Inflation has jacked up the price on homes to unaffordable levels, benefiting only the speculators and the city governments.
A few years ago Rahm had a rent-a-mob show up to protest the teacher's union. Turned out that a black pastor who was receiving large government grants for "unemployment training" offered a bunch of people $50 to go protest. The pastors "administer" these programs, usually with a spouse, child or son-in-law on a nice salary supposedly "working," when these are usually reserved for GOTV efforts (i.e., vote buying).
Meanwhile, if you are Perillo and complain about the lack of safety in the city after your car dealership is robbed, then you get a visit from inspectors to harass and fine you for criticizing the local government.
Chicago and Cook County represent the corrupt, one-party state that the Dems are trying to establish across the whole country, having already succeeded in IL, CA, NJ, etc., and are trying even in Texas in Harris County, Austin and Dallas.
And property taxes based on a “homes value” is nothing but a scam anyway.
The people should only pay for what is needed. Not a penny more.
The entire budget public for everyone to see. Know exactly what each department needs. Divide that number by the amount of square footage of all properties. You have your tax bill.