Chicago To Raise The Price of Bottled Water More than 50%

The Chicago Tribune reports:

Mayor Richard Daley reached for bottled water to slake his thirst for new tax revenue Wednesday, proposing a 10-cent tariff on every bottle sold in the city.

That $1.25 water from a vending machine could soon cost $1.35. And a 24-pack of Aquafina, advertised for $4.50 at a local grocery chain, would cost $6.90 with the proposed tax, an increase of more than 50 percent.

With millions of water bottles drained each year across the city, the dime-per-bottle tax would add up to a projected $21 million, part of a $293 million package of new taxes, fees and fines proposed by Daley on Wednesday.

Can you name that party that's run Chicago since 1931?