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03-22-2008, 02:00 PM #11
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Originally Posted by MontereySherry
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03-22-2008, 07:33 PM #12
Am glad La Rara is holding their convention in Chicago so they can contribute to the new sales tax.
Time to pony up: County passes budget
COOK COUNTY BUDGET | After months of nasty board battles, an agreement that would drive sales tax up again seems imminent
March 1, 2008Recommend (3)
BY STEVE PATTERSON Staff Reporter spatterson@suntimes.com
A drink at the bar, a fast-food meal and back-to-school shopping are among those things about to get a bit more expensive in Cook County.
Early Saturday, Cook County Commissioners voted 9-8 to approve a 1 percent increase in the sales tax — driving Chicago's overall sales tax to double digits at 10.25 percent, easily among the highest of any big city in America..........
But a 1 percent sales tax will bring in $71 million this year and $400 million every year after. Commissioners filled a $234 million deficit by borrowing against next year's surplus. cont.
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