How a Treasurer’s Office Study Closed a Loophole that Allowed Wealthy Investors to Siphon Hundreds of Millions of Dollars from Low-Income areas
How a Treasurer’s Office Study Closed a Loophole that Allowed Wealthy Investors to Siphon Hundreds of Millions of Dollars from Low-Income areas For years, wealthy investors exploited loopholes in the property tax system to funnel money from local schools and governments into their collective wallets. But the loopholes were closed after a Cook County Treasurer’s…
