Changing tax system is best way to help Southland, Cook County assessor says
Image courtesy of the Cook County Assessor’s Office
South suburban homeowners and business leaders have long warned that Cook County’s high property taxes were squeezing the life out of communities.
High costs were driving people and commerce into neighboring Will County and Indiana, they said. Hard economic times, such as the 2008 financial crisis, seemed to hit people in the Southland worse than in other areas.
“When the rest of the county gets a cold, you get pneumonia here,” Cook County Assessor Fritz Kaegi told a group of more than 100 people during a Chicago Southland Economic Development Corporation forum at Glenwoodie Golf Club in Glenwood…Please click here to read Ted Slowik’s column in the Tribune/Daily Southtown.