Chicago-area transit riders deserve safe, reliable service. But the Regional Transportation Authority board might soon ask the wrong people to pay for it.
State lawmakers are rushing a first-in-the-world wealth tax on billionaires. They also want taxes on streaming services such as Netflix and Spotify and steep surcharges on concerts and ticketed events.
Lawmakers may approve a statewide delivery tax on Doordash and Uber Eats to fund Chicago transit, hitting all Illinoisans who shop online, even those who don’t use CTA, Metra or Pace.
Prices for DoorDash, Uber, Ticketmaster and Illinois tolls might go up now to cover $1.5 billion for Illinois transit agencies. A real estate transfer tax for homes in the Chicago suburbs is also on the table.
Chicago Transit Authority ridership is still below pre-pandemic levels. Crime and a budget shortfall make matters worse, but there are cost-effective ways to make it safer.
Ridership on Metra, the Chicago Transit Authority and Pace is still down 30% from pre-pandemic levels. The agency overseeing all three needs to look at spending before demanding $1.5 billion from taxpayers.
The Chicago City Council will allow residential developments near public transit to build without imposing parking space minimums, offering a major boost for affordability and the city’s housing supply.
Adding sales taxes to services is limited in the U.S., with 46 states not generally taxing services. Illinois may break from the pack and start adding sales taxes to haircuts, lawn care, car repair and a long list of other service expected to cost $2.7 billion.
Illinois lawmakers are looking to expand sales taxes to include things such as streaming services, gym memberships, vehicle repairs, hair care and other services to bail out Chicago’s failing transit systems and put more money in government budgets.