Saturday, September 20, 2008

Chicago Poor Neighborhoods Could See Tax Bills Rise By As Much As 71%

The Chicago Sun Times also reports that Chicago's poorer neighborhoods could see property tax increases as high as 71% when the new tax bills arrive in mailboxes soon. The tax increases are part of an overall 8% increase citywide.

I'm sure the affected residents are already struggling to stay afloat, the expected increased tax bills will only add to their woes.

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