Suffredin- An Advocate for All of Us  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Cook County was created on January 15, 1831 and named after Daniel P. Cook, Member of Congress and the first Attorney from the State of Illinois.
   
     
     
     



Governor's tax plan smacks of political payback

Tuesday, September 25, 2007
Crain's Chicago Business
Editorial

Call us paranoid, but we can't help thinking Gov. Rod Blagojevich's move to extend and expand the cap on residential property tax hikes in Cook County contains an element of revenge against a business community that helped defeat the massive new tax he tried to impose on business revenues.

As Greg Hinz reported last week on ChicagoBusiness.com, Mr. Blagojevich's property tax gambit would give local governments little choice but to make businesses pay the hundreds of millions in property taxes homeowners would save under the expanded cap.

The proposal is consistent with the anti-business approach Mr. Blagojevich has pursued since taking office 4˝ years ago. He propelled his doomed gross-receipts tax with the canard that "corporate fat cats" don't pay their fair share of state taxes.

No matter how you slice it, that's dead wrong. As Mr. Hinz reports this week, corporate income taxes reached a 20-year high last year as a percentage of total state income taxes. And that doesn't even take into account the heavy property tax burden on Illinois businesses.

The burden is particularly heavy in Cook County, where business property is taxed at a higher rate than residential property. Adding to that inequity is the residential tax cap, which forces businesses to shoulder a heavier share of the property tax load than they would have without the cap.

Along with business, the cap expansion gores Mr. Blagojevich's other bogeyman — Illinois House Speaker Michael Madigan. Mr. Madigan makes a nice living as a lawyer representing businesses that would pay the freight for an expanded residential cap.

Whether Mr. Blagojevich's expanded tax cap takes effect or not depends on whether the Legislature overrides the amendatory veto he used to effectuate it. That makes it hard to say whether his action will have any practical impact on property taxes in Cook County.

What's clear is that it will do nothing to solve the real problem: Illinois' over-reliance on property taxes to fund education and local government. But Mr. Blagojevich is more interested in sticking it to his enemies than solving the state's problems.



Recent Headlines

Cook County Treasurer Maria Pappas on unclaimed property tax exemptions: ” Most seniors didn’t know that they could get it.”
Friday, July 19, 2019
WGN Chicago

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?’
Friday, July 19, 2019
Chicago Tribune

EDITORIAL: ‘Do you know who I am?’ Not yet, but we sure know your type
Friday, July 19, 2019
Chicago Sun-Times

Cook County Commissioner Luis Arroyo says he got a friend’s parking ticket voided
Friday, July 19, 2019
Chicago Sun-Times

The story behind those commercial assessment hikes everyone's mad about
Friday, July 19, 2019
Crain's Chicago Business

Chicago-Area Cooling Centers Offer Residents Chance to Beat the Heat
Thursday, July 18, 2019
NBC 5 Chicago

Editorial: ‘Do you know who I am?’ Not yet, but the people of Cook County deserve to find out.
Thursday, July 18, 2019
Chicago Tribune

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?
Wednesday, July 17, 2019
Chicago Sun-Times

Chicago’s top cop ‘must stop misleading the public’ about violence, Cook County Board President Toni Preckwinkle says in heated letter to Mayor Lori Lightfoot
Wednesday, July 17, 2019
Chicago Tribune

‘Do you know who I am?’ Investigators say Cook County commissioner pressed cops to scrap ally’s $250 parking ticket
Tuesday, July 16, 2019
Chicago Tribune

IG: Cook County needs revamp on sexual harassment outside of work following allegations against Preckwinkle ex-chief of staff
Tuesday, July 16, 2019
Chicago Tribune

Higher Assessments Hit North Suburban Commercial Property Owners
Thursday, July 11, 2019
Evanston Patch

How did an inmate get a loaded gun into Cook County Jail?
Thursday, July 11, 2019
Chicago Tribune

Check exemptions, file an appeal: What you can do to fight your Cook County property tax bill
Thursday, July 11, 2019
WGN Chicago

’A lack of mental health services has plagued Chicago for decades’: Holy Cross Hospital expanding to fill that void on the Southwest Side
Wednesday, July 10, 2019
Chicago Tribune

Construction Begins on New Cook County Health Center
Wednesday, July 10, 2019
Daily Herald

How To Appeal Your Cook County Property Tax Assessment
Wednesday, July 10, 2019
CBS Chicago

County Commission Hopes to Increase 2020 Census Participation
Wednesday, July 10, 2019
WTTW News

Cook County Property Tax Bills: Where Does Your Money Go?
Wednesday, July 10, 2019
CBS Chicago

Seniors Receive Inflated Property Tax Bills By Mistake
Tuesday, July 09, 2019
WBBM Radio

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP