11/18/20: Why tax assessment cuts may not translate to relief

Crain's Daily Gist - A podcast by Crain's Chicago Business

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Homeowners across Cook County have been receiving letters from Assessor Fritz Kaegi that his office has cut their assessments due to the COVID-19 crisis. Senior reporter Alby Gallun joins the podcast to explain why you shouldn’t necessarily expect a property tax cut. Plus: Illinois hit with more restrictions in response to virus surge, FAA clears 737 Max to resume flights, M&M maker Mars agrees to deal with Kind snack bars and a new lobbying group is pushing for 100 percent electric vehicle sales by 2030.