Housing crash pushed bigger tax load onto seniors
Nov 13, 2013 9:03 AM -
A property tax relief program intended to save Illinois senior citizens hundreds of dollars on their annual tax bills has had the opposite effect since property values began their steep nosedive since 2009. Because of the way the "senior freeze" is set up, the declining value of properties is actually making seniors pay more than ever before. "It's the law of unintended consequences," said Craig Dovel, DuPage County's supervisor of assessments.