•   
  •   
  •   

US Agency: Trump is due $1M tax refund for Chicago skyscraper

20:30  31 july  2021
20:30  31 july  2021 Source:   msn.com

'Protecting every single resident': Chicago approves new layer of civilian police oversight

  'Protecting every single resident': Chicago approves new layer of civilian police oversight Chicago leaders approved a new layer of civilian police oversight Wedneday after years of protests against police misconduct.The City Council voted 36-13 to pass an ordinance calling for the creation of a seven-member Community Commission for Public Safety and Accountability. The commission will be comprised of people nominated by three-member councils of Chicago's 22 police districts and appointed by the mayor.

An Illinois tax agency has ruled that former President Donald Trump is due a $1 million refund on the 2011 tax bill for his downtown Chicago skyscraper, but local officials are trying to block the refund.

FILE - This Thursday, March 10, 2016 file photo shows the Trump International Hotel and Tower in Chicago.  An Illinois tax agency has ruled that former President Donald Trump is due a $1 million refund on the 2011 tax bill on his downtown Chicago skyscraper, but local officials are trying to block the refund.  (AP Photo/Charles Rex Arbogast, File) © Provided by Associated Press FILE - This Thursday, March 10, 2016 file photo shows the Trump International Hotel and Tower in Chicago. An Illinois tax agency has ruled that former President Donald Trump is due a $1 million refund on the 2011 tax bill on his downtown Chicago skyscraper, but local officials are trying to block the refund. (AP Photo/Charles Rex Arbogast, File)

The Chicago Sun-Times reports that at issue is the Cook County Board of Review's estimation of the value of the the Trump International Hotel & Tower's rooms and retail space. In June, the Illinois Property Tax Appeal Board voted 5-0 to reduce the assessment on the building's commercial property.

Lawmakers can't reconcile weakening the SALT cap with progressive goals

  Lawmakers can't reconcile weakening the SALT cap with progressive goals Any effort to weaken or repeal the cap would simply be a pointless giveaway to the rich. Democrats should reject this regressive tax cut that would draw critical resources away from needed public investments. "No SALT, no deal," said Reps. Josh Gottheimer (D-N.J.), Bill Pascrell (D-N.J.) and Tom Suozzi (D-N.Y.), who are just some of the lawmakers demanding that Congress repeal or weaken the SALT cap in their reconciliation bill, the legislative vehicle that will let Democrats pass their budget agreement without any Republican votes.

The vote means that Trump is owed $1.03 million, money that would come out of the property taxes due the city of Chicago, the Chicago Public Schools and several other government agencies. The Cook County State's Attorney is disputing the refund and has filed a lawsuit with the Illinois Appellate Court in the hopes of blocking it.

The dispute is the latest chapter in a long-running legal battle over Trump's tax bills that started more than 12 years ago and has led to more than $14 million in tax breaks for Trump. It also involves not only a former president who is at the middle of a host of legal battles but a Chicago alderman whose own legal troubles had been making headlines in Chicago for months.

Alderman Edward M. Burke, whose former law firm, Klafter & Burke, won the tax breaks for Trump, has been indicted on federal charges that he blocked businesses from getting city permits unless they hired the firm. He has pleaded not guilty and is awaiting trial.

The dispute over the tax bills on the high-rise building has it's own long history. Originally, the state agency rejected Trump's argument that the vacant stores had no value because he could not find any tenants to lease them. A hearing officer for the state agency rejected Trump's argument that the vacant stores at the building had no value because he couldn't lease them. But a staff member later wrote a report that Trump was entitled to the refund.

The agency delayed acting on the case until Trump was out of office and in June voted to reduce the assessment on the building's commercial property.

Tracker and Thread: Every player the Lakers have been connected to in free agency .
The Lakers are already the subject of plenty of NBA free agency rumors, something that will only continue as the offseason rolls along.So without further ado, below is a list of every Lakers free agent and player they’ve been connected to in free agency, sorted alphabetically in two lists: Players that are still available that have been connected to the Lakers (including their own free agents!), and players that are reportedly heading elsewhere.

usr: 3
This is interesting!