As property taxes in the city are set to skyrocket, Mayor Daley, still reeling from the parking meter debacle, the loss of the 2016 Summer Olympics and an all-time low popularity rating is playing the blame game. After claiming that he'll hold the line on taxes with next year's budget, he's pointing fingers now that property tax bills are set to soar, even while property values have plummeted. Going after Cook County Assessor James Houlihan, Daley proclaimed his ignorance of how property taxes are assessed. "The thing I can't understand (is) this whole assessment deal," the mayor said. "Now, no one's value is going up in the city. ... I'm asking him how he does it." (Our own Chuck Sudo explained how they work in the comments of this post.)
