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Kadner: A property tax freeze does nothing for poorest towns in Illinois

Image courtesy of Advantax.

Although Chicago property tax rates jumped 10 percent in 2016, they still aren’t close to the oppressive property taxes being paid in some of the poorest south suburbs.

While the average property tax rate for a home in the City of Chicago is 7.14 percent, homeowners in Ford Heights — one of the poorest communities in the state — were paying the highest tax rate in Cook County at 38.5 percent. The property tax rate in Park Forest was second highest at 35.8 percent and homeowners in Chicago Heights are paying a property tax rate of 34.18 percent…Please click here to read Phil Kadner’s opinion piece in the Sun-Times.

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