l****z
发帖数: 29846 | 1 How Chicago "Works": Tax and Graft; Who Benefits?
On October 28, the Chicago City Council passed the largest property-tax hike
in modern city history by a vote of 36-14, approving Mayor Rahm Emanuel’s
2016 budget proposal.
Taxpayers will have to fork over another $588 million property-tax hike to
be phased in over the next four years.
Some businesses and taxpayers will simply flee, joining what now is best
viewed as the "Great Illinois Exodus".
Taxpayers Lose, Who Wins?
Someone always benefits from these tax-and-spend schemes. Who is it?
The Illinois Policy Institute has the answer in Meet the politicians who
stand to get rich off of Chicago’s massive property-tax hike.
The Players
As the tax hikes hit Chicago families and businesses, a who’s who of
the state’s political machine will continue to line their pockets off of a
property-tax game in which their connections are priced at a premium.
Illinois House Speaker Mike Madigan and Chicago Alderman Ed Burke both
run law firms specializing in the lucrative field of Cook County property-
tax appeals, one of the most inefficient, corrupt systems in urban politics.
Illinois Senate President John Cullerton is a member of a large law firm
that handles a range of issues, including property-tax law. The three have
held political office in Illinois for a combined 126 years.
The Game
The property-tax-assessment process in Cook County is convoluted by
design. But here’s how it works in simple terms:
First, the Cook County Assessor’s Office assesses the value of every
property in the county. The value of any given property is reassessed once
every three years. This “assessed value” is then used to calculate the
property taxes owed by each property owner.
Property owners can then appeal that assessed value in a number of ways.
They can file a request with the assessor asking for a reduction, appeal
the valuation to the Cook County Board of Review, file a lawsuit in which a
judge will decide the value, or the property owner and the Cook County State
’s Attorney will enter into a settlement agreement over the value.
Flawed property valuations and the process required to fix them are a
cash cow for law firms, including those of Madigan, Burke and Cullerton,
which know what strings to pull. These law firms handle the ways in which
the assessed value of a property is appealed: the request with the assessor,
the appeal to the Cook County Board of Review, and lawsuits.
The Cook County Board of Review – which exists solely to field appeals
for assessments by the Cook County Assessor’s Office – processed appeals
for more than 400,000 properties in 2013.
What doesn’t add up is nearly two-thirds of those appeals were
successful: an astonishing number that reveals a faulty assessment process
ripe for savvy attorneys.
Choose not to appeal your assessment and the government pockets the
extra money. Choose to hire a politically connected law firm and that law
firm typically pockets anywhere from 25 to 50 percent of the “winnings.”
And each reduction for a politically connected business means an increase in
property taxes for those lacking the right political connections.
Investigative reporting from the Illinois News Network revealed Madigan
’s six-person firm, Madigan & Getzendanner, earned close to $10 million in
tax refunds for its clients from April 2013 through April 2014. Madigan’s
spokesperson Steve Brown has said that the House speakers’ law firm, which
services mainly commercial clients, charges a flat fee for its services. The
Chicago Sun-Times’ Tim Novak broke the story in 2014 that Madigan’s firm
had saved Mesirow Financial Services $1.7 million dollars by slashing the
valuation of its River North headquarters by 60 percent. Mesirow manages $
300 million in state pension funds and employs Madigan’s son, Andrew.
Every year from 2010 to 2014, Cook County Assessor and Democratic Party
Chairman Joseph Berrios declared the building that housed Mesirow was worth
at least $330 million. In each of those years, Madigan’s law firm
successfully contested that valuation to the tune of $5 million in tax
breaks annually, according to Novak’s research.
That’s the game in a nutshell.
Other Winners
In addition to politically connected law firms specializing in tax appeals,
the public unions benefit, and corrupt politicians who support tax hikes to
buy votes from public unions also win.
The losers are the businesses and taxpayers in Illinois.
Great Illinois Exodus
In increasing numbers, residents and businesses have voted with their feet
as noted in Get Me the Hell Out of Here. | f**********n
发帖数: 29853 | 2 这个太恶心了，老王简单翻译一下。
芝加哥地产税涨得厉害，可是，三分之二的上诉能成功。
业主如果不上诉，多交税，如果上诉，被官商勾结的法律公司赚钱。
这些芝加哥政客和纽约那个刚被判刑的家伙一样聪明。
hike
s
【在 l****z 的大作中提到】
: How Chicago "Works": Tax and Graft; Who Benefits?
: On October 28, the Chicago City Council passed the largest property-tax hike
: in modern city history by a vote of 36-14, approving Mayor Rahm Emanuel’s
: 2016 budget proposal.
: Taxpayers will have to fork over another $588 million property-tax hike to
: be phased in over the next four years.
: Some businesses and taxpayers will simply flee, joining what now is best
: viewed as the "Great Illinois Exodus".
: Taxpayers Lose, Who Wins?
: Someone always benefits from these tax-and-spend schemes. Who is it?
| s*********r
发帖数: 9493 | 3 闹了半天老王生活在芝加哥啊。那可是左派大本营，奥巴马的家乡，快搬家吧。
【在 f**********n 的大作中提到】
: 这个太恶心了，老王简单翻译一下。
: 芝加哥地产税涨得厉害，可是，三分之二的上诉能成功。
: 业主如果不上诉，多交税，如果上诉，被官商勾结的法律公司赚钱。
: 这些芝加哥政客和纽约那个刚被判刑的家伙一样聪明。
:
: hike
: s
| n****g
发帖数: 14743 | 4 唉，资本主义大锅饭就是涨税
hike
s
【在 l****z 的大作中提到】
: How Chicago "Works": Tax and Graft; Who Benefits?
: On October 28, the Chicago City Council passed the largest property-tax hike
: in modern city history by a vote of 36-14, approving Mayor Rahm Emanuel’s
: 2016 budget proposal.
: Taxpayers will have to fork over another $588 million property-tax hike to
: be phased in over the next four years.
: Some businesses and taxpayers will simply flee, joining what now is best
: viewed as the "Great Illinois Exodus".
: Taxpayers Lose, Who Wins?
: Someone always benefits from these tax-and-spend schemes. Who is it?
| u***n
发帖数: 21026 | 5 这个是社会主义吧，毛主席没有实现的愿望要被巴马主席实现了
【在 n****g 的大作中提到】
: 唉，资本主义大锅饭就是涨税
:
: hike
: s
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