The Chicago Tribune reports on Chicago's Mayor Daley who's asking for a big tax hike:
In his budget address to the City Council earlier this month, Daley said that revenues from the sales, fuel, parking and cigarette taxes have been down and that the "dramatic slowdown" in the housing market has depressed real estate transaction tax revenues.When your goal is to allow patronage workers to retire at 50 years old ,things get really expensive.Mayor Daley belongs to that un-progressive political party that's controlled Chicago since 1931.
"The cost of government continues to rise faster than inflation and our tax base," he said. "The cost of personnel wages, pension and health care makes up over 80 percent of our city's budget and continues to grow." For emphasis, he repeated the same sentence.
