Wednesday, September 19, 2012

Is highest ticket tax in nation now on deck for Chicago?

The Chicago Sun-Times reports:
Mayor Rahm Emanuel is exploring the possibility of raising the city’s 9 percent amusement tax and the “sin” tax on cigarettes of 68 cents a pack to chip away at a $369 million shortfall in the city’s 2013 budget. Three weeks away from his budget address, City Hall sources said Emanuel is determined to hold the line on sales and real estate taxes after signing off on a $41 million school property tax hike and a new teachers’ contract that virtually locks in up-to-the-limit school property tax increases in each of the next three years.
To Chicago voters: progress is having the highest taxes. Because progressives believe high taxes are "investments". The middle class be damned in Chicago! No word yet from Chicago Democrat Barack Obama, we are sure he supports Rahm's new tax increases : if he weren't he'd issue a press release.