Property tax bills anger Cook County homeowners
With one of the highest sales taxes in the country; and an increase in the IL State Tax; . Corporate taxes are also increasing —which will passed-on to the consumer. AND a probable increase in Federal Tax — Chicago/Cook county residents will be hit especially hard.
People are leaving Illinois. Will we get enough immigrants?
Did I mention that business, also, is leaving Illinois?
CHICAGO (CBS) — It’s sticker shock in the mail. Tax bills went out to Cook County homeowners this week and the big jump in the amount due to many homeowners has some wondering if they can keep their house.
CBS 2′s Dana Kozlov takes a look at how the dramatic jump in property tax bills is affecting people and what you can do about it.
According to the Cook County Clerk’s office, tax rates are up for schools, park districts, municipalities and other government bodies. Some of those tax levies have made double-digit increases in tax rates.
The property tax reality was setting in with Markham homeowner Patricia Taylor on Wednesday.
Asked if she can keep her house after receiving an $8,100 property tax bill, Taylor said, “I don’t know right now. It’s bad right now, it’s really bad.”
That’s because her property tax bill for her three bedroom, one bathroom house shot up from $6,400 last year to $8,100 this year — a whopping 27 percent jump.