'Circuit breakers' would ease burden of soaring Cook County property taxes

Housing affordability remains a pressing issue in Chicagoland. As a commissioner for the Cook County Board of Review, I am acutely aware of the financial burden property taxes impose on families. Recent findings by the Institute on Taxation and Economic Policy (ITEP) highlight the role property tax “circuit breakers” can play in alleviating this burden. Circuit breakers ensure that property taxes do not consume an unreasonable portion of household incomes, thereby promoting housing affordability and economic stability for our most vulnerable residents. The problem with our current system is that...