Cook County Businesses Fear Sales Tax Hike Would Send Customers AwayCook 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.
Report: Preckwinkle Pitching Sales Tax IncreaseThe Cook County Board president campaigned in 2010 in opposition to a one cent tax increase adopted in 2008. After winning, she moved to roll back the tax, eliminating it in 2013.
State Senator Sandoval Calls For Lowering Tax Rate On DiapersA state senator from Chicago says he wants to give families a break and lower the tax rate on diapers.
Amazon To Open First Illinois Facility, Hire 1,000The company made the announcement about the $75 million project on Tuesday. The jobs figure would be reached by 2017.
Gov. Quinn, Rauner Trade Barbs Over Budget PlansThe budget debate between Democrat Governor Pat Quinn and Republican rival Bruce Rauner now includes accusations of "flim-flamming" and "flip-flopping, reports WBBM Political Editor Craig Dellimore.
Illinois Supreme Court Strikes Down 'Amazon Tax'The Illinois Supreme Court is invalidating a two-year-old Illinois law charging taxes on certain Internet sales.
Mayor: No Property, Sales, Or Gas Tax Hike Next YearMayor Rahm Emanuel said the city will not raise property, sales, or gasoline taxes to balance next year’s budget, but he was mum about which – if any – taxes might go up.
County Approves Gun, Gambling, Cigarette Tax Hikes; Lower Sales TaxThe cost of smoking, buying guns, and playing the slots in Cook County will be going up next year, but the county is also getting rid of the final portion of the hated 2008 sales tax hike.
Business Owner Wants McPier Tax Reduced, Spread To Whole CityA group of Lincoln Park business owners is calling on state lawmakers to take a second look at a controversial 30-year old city tax levied on thousands of restaurants in and near downtown.
Rising Tax Revenues Helping Narrow City's Budget GapThe Emanuel Administration says it’s seeing an increase in tax revenues, and that is improving the City’s budget picture, at least a bit.
Alderman Calls For Higher Tax On Soft DrinksThe Chicago alderman behind the city's 5-cent tax on bottled water is now setting his sights on soda drinkers.
Chicago Yet Again Makes Forbes' 'Most Miserable Cities' ListIt just wouldn’t be February without Forbes Magazine yet again slapping Chicago with the distinction of a place on the Most Miserable Cities list.