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2019-10-21 -Land of the Free
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Mayor Lori Lightfoot proposes doubling city’s tax on food and drinks at restaurants
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| There’s absolutely no way this could possibly have unexpected repercussions. |
[Chicago Tribune] Mayor Lori "Groot" Lightfoot will propose a tax hike on all food and drinks sold in reliably Democrat Chicago, aka The Windy City or Mobtown
 ...home of Al Capone, the Chicago Black Sox, a succession of Daleys, Barak Obama, and Rahm Emmanuel...
restaurants to help shrink a massive estimated $838 million shortfall in the 2020 budget.
The proposal would double the current .25% tax on food and drinks sold at retail establishments and restaurants, the mayor’s office said. Aldermen will need to approve the increase, which would kick in Jan. 1.
Lightfoot anticipates the increase brings in an extra $20 million in 2020, according to her administration.
"As part of a number of revenue solutions we are contemplating, we are asking those dining out to chip in an additional 25 cents for every $100 restaurant tab," Lightfoot said in a statement. "These and other responsible solutions will help the city secure dedicated revenues which are necessary for repairing our financial challenges in 2020 and for the long term."
The tax Lightfoot wants to raise is but a fraction of the levy Chicago diners pay every time they eat out. The sales tax in Chicago is 10.25 percent, one of the highest in the nation. The current .25 city tax is on top of that, as is a a 1% food and beverage tax for the Metropolitan Pier and Exposition Authority that is levied at downtown restaurants as well as the two airports.
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Posted by Fred 2019-10-21 00:00||
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Posted by Gramp Brown5117 2019-10-21 14:54||
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