Though Chicago already has the highest sales tax in the nation as well as massive property taxes, the Chicago City Council passed new hikes on parking fees in Midway and O’Hare airports.
Metropolitan jobs data shows that from October 2015 – October 2016 the greater Chicago area is up +33,500 jobs while the rest of the state is down -2,700 jobs. Measured since before the Great Recession, from October 2007 – October 2016, the greater Chicago area is up 110,100 jobs while the rest of the state is down -42,700 jobs.
In her Dec. 5 ruling, a Cook County Circuit Court judge said Chicago’s oppressive food truck regulations serve legitimate city interests. But evidence shows the only interests the rules protect are those of politically connected restaurant owners and politicians.
Cook County Circuit Court Judge Anna Helen Demacopoulos squelched a ray of hope for Chicago food trucks Dec. 5 as the court upheld two of the city’s most oppressive regulations. In recent weeks, Mayor Rahm Emanuel has been coming after these small-business owners. But they’ve faced the city’s wrath for years, even after City Council...
Chicago City Council expanded its 9 percent amusement tax to include businesses subscribing to satellite television – another way to nickel and dime the most taxed residents in the state.
Chicago would create new transit-based super TIFs before the close of the year in order to secure federal funding, while adding more opportunities for city-run slush funds to hoard tax dollars.
Airbnb has reported that about 4,800 Chicagoans are Airbnb hosts, and they earn an average of $5,300 per year renting out their homes through the service.