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.
The 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.
A state senator from Chicago says he wants to give families a break and lower the tax rate on diapers.
The company made the announcement about the $75 million project on Tuesday. The jobs figure would be reached by 2017.
The 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.
The Illinois Supreme Court is invalidating a two-year-old Illinois law charging taxes on certain Internet sales.
Mayor 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.
The 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.
A 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.
The Emanuel Administration says it’s seeing an increase in tax revenues, and that is improving the City’s budget picture, at least a bit.
The Chicago alderman behind the city’s 5-cent tax on bottled water is now setting his sights on soda drinkers.
It just wouldn’t be February without Forbes Magazine yet again slapping Chicago with the distinction of a place on the Most Miserable Cities list.
Local business owners are looking for a more level playing field, and are backing legislation that would require Internet retailers to collect sales taxes too.
Cook County Board President Toni Preckwinkle and medical professionals are urging County Board members to approve increases in the alcohol and tobacco taxes when the board meets on Monday.
Cook County Board President Toni Preckwinkle said Wednesday that even with hikes in some taxes and fees in her 2012 budget plan, county residents are saving $400 million with the rollback of the infamous 2008 sales tax hike.
Mayor Rahm Emanuel revealed Wednesday that he plans to move forward with a controversial tax plan from his campaign for mayor – cutting the city’s sales tax, but applying it to several services that now go untaxed.
Illinois is apparently due million of dollars from some of the State’s 24-hundred gas station operators.
Joliet residents are about to get hit with a 40 percent increase in the town’s sales tax.
The mayor of Kankakee is asking the City of Chicago and the Regional Transportation Authority to drop their lawsuits, which accuse her city and Channahon of allowing businesses to use their cities as havens to dodge Chicago sales taxes.
The City of Chicago and the Regional Transportation Authority each filed a lawsuit Tuesday, over retailers who are doing business in the city, but routing sales through “sham shops” in other cities where the sales taxes are lower.