Chicago = 10.25%
The "less than 8.3 percent" figure for LA would indicate they didn't. Though factually correct either way (7.25% state + 1% LA county, is "less than" 8.3 no matter which portion you look at), he would have said 1% for LA if comparing like figures properly.
Hop into the Chicagoland suburbs, and the tax assessment equalization factor ranges from 1 to 1.5. In Lake County, they over-assess the value of your home and property. You then have to go through a lengthy bureaucratic appeal process full of red-tape to try to lower your assessment. I'd say you have a 1 in 8 chance of winning the appeal.
It helps when good old e3NiNe there went to high-school with one of the people who work in the township assessor's office

State income tax is separate from state/county/local sales taxes.
Last edited by Megatron; Jul 1, 2008 at 03:25 PM.


