reports that at issue is the Cook County Board of Review’s estimation of the value of the the Trump International Hotel & Tower’s rooms and retail space. In June, the Illinois Property Tax Appeal Board voted 5-0 to reduce the assessment on the building’s commercial property.
The vote means that Trump is owed $1.03 million, money that would come out of the property taxes due the city of Chicago, the Chicago Public Schools and several other government agencies. The Cook County State’s Attorney is disputing the refund and has filed a lawsuit with the Illinois Appellate Court in the hopes of blocking it.
Alderman Edward M. Burke, whose former law firm, Klafter & Burke, won the tax breaks for Trump, has been indicted on federal charges that he blocked businesses from getting city permits unless they hired the firm. He has pleaded not guilty and is awaiting trial. The dispute over the tax bills on the high-rise building has it’s own long history. Originally, the state agency rejected Trump’s argument that the vacant stores had no value because he could not find any tenants to lease them. A hearing officer for the state agency rejected Trump’s argument that the vacant stores at the building had no value because he couldn’t lease them. But a staff member later wrote a report that Trump was entitled to the refund.
The agency delayed acting on the case until Trump was out of office and in June voted to reduce the assessment on the building’s commercial property.
Who said he doesn’t pay his taxes?
👎
Pay the man
But of course.....
Not until we see ALL of his tax returns!
No need to block anything. Refunds must be used to pay off owed taxes before being refunded, and in most times, used to pay off any outstanding debts.
They should do an audit of his taxes for more years and ask for the records from the criminal investigations into his businesses that he's been keeping two books one with the real numbers in it. Illinois shouldn't pay if he's been cheating on his taxes here too.
Lol local officials?! Wanna be AOC’s?!
The refund should be used to pay other cities he stiffed with costs of his cult rallies
This is hilarious! Can’t wait to see how much New York owes him. 😂😂😂
I thought he said he had the best accountants? Who leaves a million on the table? Only the best!
4e koga ste videli niakoi koito e kradnal da vru6ta? takava poroda hora jiveiat ot krajbi a ne ot vru6tane na zagrabeno .....niakoi tuk koito pi6e hrani izli6ni nadejdi .
Maybe he can use that money to pay some of the hundreds of contractors he has stiffed over the years? Hahahahaha, yeah right.
Drain the swamp?
Audit!
More bullshit
Lib tears incoming
Wait until we get to see his tax returns. It will be interesting!
WTF?
He should be charged a fine for that ugly Bic lighter looking monstrosity.
Tell me again how the system isn't rigged?
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