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So, first of all, I’d like to say you’re welcome to all the taxpayers who haven’t got around to calling me to say thanks. In the property tax appeal game, most lawyers get at least 10 percent of what they save you on your taxes. By killing this TIF, taxpayers will save about $100 million a year. The way I figure, Chicago’s taxpayers owe me at least $10 million — and I don’t take checks.
In reality, we’ve lost more than we’ve gained with the Central Loop TIF. Yes, the schools will get up to $50 million in 2009 they weren’t getting with this TIF district alive. But the schools will have to wait at least another nine years or so before they regain the $500 million they lost to the Central Loop since 1984.
Of course, he can only get away with this so long as the larger public remains docile and dumb. And there doesn’t seem to be any time limit on that.
