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Chicagoans brace for several tax hikes
By Karyn Chenoweth Oct 2, 2007, 16:02 GMT
10/01/2007 - Richard M. Daley - The City of Chicago Celebrates The Cubs National League Central Division Championship With Govenor Rod Blagojevich and Major Richard M. Daley - Daley Plaza - Chicago, IL, United States © Adam Bielawski / PR Photos
Chicago residents in Cook County are facing more taxes in their future.
The Board of Education plans a property tax increase, Cook County commissioners weigh a sales tax increase and a public transit bailout could mean more dipping into local wallets.
The Chicago Tribune reports that the Daley administration is considering increasing taxes on everything from SUVs to beer, and raising property taxes as well.
The lengthy menu of possibilities comes as city budget officials seek to close a $217 million budget shortfall for 2008.
"Everything you possibly can imagine" is on the table, one senior administration official said Monday. "It's a tough year. No doubt about that."
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SP4: Good work your honorOct 2nd, 2007 - 17:12:00
Record tax receipts and still not enough. God, this is democratic fiscal responsibility if I ever saw it!
I am amazed at what city dwellers will tolerate! It's like they are standing in sewage drinking coffee and someone yells 'coffee break is over! Get on your heads now!'
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