Sales Tax Hike
Cook County Board President Toni Preckwinkle’s proposal to increase the county sales tax – five years after she won office by denouncing an identical tax hike imposed by her predecessor – has some business owners on the county’s outskirts worried they’ll lose customers.
It’s not very often that we hear about taxes going down, but on Wednesday, retailers and elected officials were celebrating the final roll-back of Cook County’s sales tax increase pushed through by former County Board President Todd Stroger in 2008.
It hardly seems like it, but Cook County Board President Toni Preckwinkle has been in office for 100 days, and on Wednesday, she issued a 100-day county report card.
The Cook County Board has voted to repeal what remains of an infamous 2008 sales tax hike over the next two years.