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Cook County Board OKs sales tax hike [ Illinois ]
Crain's Chicago Business ^
| July 15, 2015
| Greg Hinz
Posted on 07/15/2015 5:26:25 PM PDT by george76
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1
posted on
07/15/2015 5:26:26 PM PDT
by
george76
To: george76
” hiking the combined sales tax in Chicago to 10.25 percent. ....”
What could possibly go wrong ?
2
posted on
07/15/2015 5:29:41 PM PDT
by
stephenjohnbanker
(My Batting Average( 1,000) (GOPe is that easy to read))
To: george76
... so what will people do? Try like heck not to spend much money in Cook County!
3
posted on
07/15/2015 5:30:10 PM PDT
by
Ken522
To: george76
Public unions destroy everything they touch.
Chicago will be Detroit in 6 years...
4
posted on
07/15/2015 5:30:32 PM PDT
by
2banana
(My common ground with terrorists - they want to die for islam and we want to kill them)
To: stephenjohnbanker
It’s economic fuel for NW Indiana LOL.
Cross border shopping.
The state line on the Indiana side has hundreds of places selling booze, cigs, and gasoline to Chicagoland folks.
5
posted on
07/15/2015 5:32:56 PM PDT
by
nascarnation
(Impeach, convict, deport)
To: nascarnation
Indeed it does. The collar counties will also benefit.
L
6
posted on
07/15/2015 5:34:55 PM PDT
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: george76
And basically nothing more than coffee, donuts, and fast food will be bought or sold in Cook County.
7
posted on
07/15/2015 5:37:32 PM PDT
by
Obadiah
(This is Bravo-6, we have Zips in the wire! I repeat, Zips in the wire.)
To: nascarnation
Exactly. Indiana biz loves Chicago : )
8
posted on
07/15/2015 5:41:16 PM PDT
by
stephenjohnbanker
(My Batting Average( 1,000) (GOPe is that easy to read))
To: george76
And the death spiral extends beyond the city limits . . .
9
posted on
07/15/2015 5:42:02 PM PDT
by
Stosh
To: george76
Pennies are such a pain. They should probably round it up to the nearest nickle./s
10
posted on
07/15/2015 5:43:02 PM PDT
by
umgud
(glad I wasn't aborted)
To: Ken522
... so what will people do? Try like heck not to spend much money in Cook County! Exactly correct. I live on the Will County side of the Cook/Will County Line. There are ALOT of people who cross over into Will County to buy everything from gas (which is taxed heavily in Crook County) Food and all the other things they need.
Our retail base here is BOOMING because of Cook County's high taxes.
11
posted on
07/15/2015 5:44:16 PM PDT
by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: george76
"a penny on the dollar" sounds like, well, pennies.
However, "hiking the combined sales tax in Chicago to 10.25 percent" is something that I just can't believe won't have a major effect on Chicago's economy.
12
posted on
07/15/2015 6:00:13 PM PDT
by
Sooth2222
("In a democracy people get the leaders they deserve." - Joseph de Maistre, 1753-1821)
To: george76
No matter what the fiscal problem is, the only answer democrat socialists have is “raise taxes”.
They never curb spending. They just want everyone else to curb their spending.
This is not leadership. This is not servant leadership. It is not problem solving. If it were, this “solution” would have fixed a million budget problems by now.
13
posted on
07/15/2015 6:14:52 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Sooth2222
They never get the projected taxes because they never take into account the decrease in the taxed activity due to the increased taxation.
They never add this factor in on purpose. They ignore it deliberately.
14
posted on
07/15/2015 6:16:25 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Secret Agent Man
They ignore it deliberately because otherwise they would be admitting that increasing taxes have a significantly negative impact on whatever is being taxed more.
15
posted on
07/15/2015 6:17:15 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Secret Agent Man
I suppose if the revenues fall short of the projected $474 million increase, they’ll just raise the sales tax some more.
16
posted on
07/15/2015 6:18:27 PM PDT
by
NEMDF
To: Secret Agent Man
... the only answer democrat socialists have is “raise taxes”. They never curb spending. They just want everyone else to curb their spending. At some point, someone is going to realize that this free lunch the Dems keep giving away actually isn't free.
17
posted on
07/15/2015 6:18:52 PM PDT
by
econjack
(I'm not bossy...I just know what you should be doing.)
To: econjack
Plenty do and move away.
Then the democrats blame them for moving away.
18
posted on
07/15/2015 6:19:57 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: NEMDF
And then the taxed behavior goes down further.
And goes more and more black market, if possible.
19
posted on
07/15/2015 6:20:40 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: 2banana
I don’t know about that. If Chicago can get El Chapo to take up residence there as the head of the Sinaloa Cartel it could bring thousands of new jobs and thousands of customers for the cartel’s products.
20
posted on
07/15/2015 6:44:32 PM PDT
by
RetiredTexasVet
(No matter the laws that get passed or the edicts given they are just queers, freaks and perverts.)
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