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Chicago alderman saved Trump $11.7 million in property tax appeal scheme
A new report revealed that Klafter & Burke, a property-tax law firm owned by Chicago Alderman Ed Burke, helped Donald Trump cut property taxes on his downtown Chicago hotel by nearly 40 percent over seven years, saving Trump and his investors $11.7 million.
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Meet the politicians getting rich off Chicago's property tax scheme
Flawed property valuations and the process required to fix them are a cash cow for law firms, including those of House Speaker Mike Madigan, Chicago Alderman Ed Burke and Illinois Senate President John Cullerton.