Cook County made huge error on Trump Tower tax bill
Posted June 14, 2016 11:00 pm
For the past six years, Cook County tax officials mistakenly believed billionaire Donald Trump didn't pay all the property taxes owed on his namesake Chicago skyscraper, shorting schools and other government agencies. They were wrong.
They thought Trump had failed to pay a nearly $2.4 million tax bill in 2010 - a bill that had ballooned to nearly $4.7 million this year, including penalties and interest.
But property-tax records show county tax officials had miscalculated Trump's 2010 bill.
County tax officials now agree Trump paid all of his property taxes in full. They are moving to erase the erroneous tax delinquency that has been on their books for years.
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