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flag Cook County property taxes surged 182% since 1995, far outpacing inflation.

flag Cook County property taxes have surged nearly 182% since 1995, far outpacing inflation and wage growth, according to a new report from the Treasurer’s office. flag The county’s levy rose from $6.8 billion to $19.2 billion over that period, with schools accounting for roughly half of the tax burden and special districts contributing significantly. flag The report highlights loopholes in tax caps and rising costs from school funding and development projects, urging state reforms to address the financial strain on homeowners and businesses.

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