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Homeowner exemptions raising tax rates, undercutting savings in some towns, Cook County report finds

A new report from Cook County leaders comes with a warning about expanding property tax breaks for homeowners: What seems good for one taxpayer can backfire on a whole town. Countywide, those exemptions remove $1.6 billion in annual tax revenue by lowering taxes for specific categories of homeowners. But the report found that in some municipalities, they don’t provide as much relief as people .

Homeowner exemptions raising some tax rates, undercutting savings

Homeowner exemptions raising some tax rates, undercutting savings
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