I was glad to hear that some potential mayoral candidates are interested in Loyola professor Steve Walters' plan to cut the city property tax to 1 percent in 4 years. I plan to vote for whomever that candidate is, notwithstanding my high regard for Mayor Stephanie Rawlings-Blake. It seems like a no-brainer that this would be an incentive for bringing people into the city, and as he pointed out, it has worked in Boston and San Francisco.
I currently pay $4,165 in property tax for a one bedroom condo of 880 square feet, and I feel this is extortion for such a modest amount of space.

