By Andrew Stiles
Cook County records show the Kingsbury property [partly owned by Obama high-roller adviser Valerie Jarrett] is worth around $27.2 million, but thanks to a series of legal appeals beginning in 2003, the land and building are assessed at a much lower value for tax purposes. Since 2008, the property has been designated a “special commercial structure” and is taxed at a value of just $6.8 million, or 25 percent of the actual value.
Keep in mind that these are the same people who are insinuating that Mitt Romney isn’t paying his “fair share” of taxes.