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Home Illinois News

Alderman Burke’s law firm pushes to get Trump property tax refund

Illinois Review by Illinois Review
May 2, 2016
in Illinois News
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CHICAGO – The Sun-Times Watchdogs has a scathing report Monday on how Republican presidential candidate Donald Trump has benefited by getting property taxes on Chicago's Trump Tower lowered through the influence of Alderman Ed Burke's powerful law firm.

Not only does Ed Burke head a powerful property tax appeal law firm, the Sun-Times piece fails to connect that he's a longtime Chicago alderman that vets Cook County Democrats' judicial candidates, and he is married to Illinois Supreme Court justice Ann Burke. 

In other words, Burke is as powerful as Mike Madigan – who is chairman of the Illinois Democrat Party, longtime Speaker of the Illinois House and father of Illinois' attorney general Lisa Madigan – among those that make lucrative deals concerning property tax appeals in Chicago. 

The Sun-Times found that Burke's law firm is working for Donald Trump again – which is likely to result in average, low-clout property owners making up the difference:

Now, Burke’s law firm, Klafter & Burke, is trying to get partial refunds of those taxes for the billionaire and his investors. The firm has filed appeals in court and to a state agency, arguing the taxes paid were too high in some years.

Burke is among an elite group of current and former Chicago politicians working for law firms that specialize in helping property owners navigate Cook County’s arcane property-tax system. These clout-heavy lawyers try to persuade other elected officials — the Cook County assessor, the Cook County Board of Review’s commissioners and judges — to lower the estimated values of buildings and other real estate.

When they succeed, that means lower property taxes for their clients — and higher bills for other property owners to make up the difference. The attorneys generally work for a percentage of the savings.

 

More at the Chicago Sun-Times

 

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