Mayor Richard Daley said today that the state should expand a state program that provides property tax relief to disabled, low-income, elderly residents.
He suggested the circuit breaker program also should include longtime low-income homeowners who are not disabled. The mayor floated the idea about a month after Cook County Assessor James Houlihan made a similar suggestion.
Houlihan proposed that all Cook County homeowners who pay spend more than 5 percent of their income on property taxes would get up to $700 off their property tax bill.
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