Oregon

Chicago has second highest taxes on meals in restaurants

03/29/2012
Ever notice that going out to eat seems more expensive in Chicago than other cities? One of the reasons is that on top of the very high sales tax in Chicago, there are additional taxes on meals in restaurants: 0.25 percent Chicago restaurant tax and 1.0 percent Metropolitan Pier and Exposition Authority (MPEA) food and...

Interactive dashboard: Taxes on meals

03/29/2012
Chicago has the second highest taxes on meals of the 50 largest U.S. cities. Check out the Institute's interactive dashboard on meal taxes to see how we stack up.

Rahm’s First Budget Address

10/13/2011
by Amanda Griffin-Johnson Yesterday, Chicago’s new mayor, Rahm Emanuel, released his first budget proposal. In his prepared budget address, he acknowledged that Chicago’s history of unbalanced budgets could not continue, and he recognized that “What we cannot do, however, is to protect the status quo by asking more of Chicago’s taxpayers. Raising taxes will drive more people...

Stimulus Working for You?

09/08/2010
by Kate Piercy Section 1604 of the American Recovery and Reinvestment Act of 2009 (AARA) specifically prohibits funds from flowing to certain entertainment and recreation projects. Does a casino, aquarium, zoo, golf course, or swimming pool sound like recreation or entertainment to you? Rep. Darrell Issa (R-CA), Ranking Member on the Committee on Government Oversight and...

USA Today: Chicago Is Most Costly for Business Travelers

08/05/2010
by Joe O’Malley It is no wonder residents of Cook County are fleeing to other states. USA Today highlights a recent study that shows just how costly it is to do business in Chicago. The study focused on the local taxes that impact business travelers, such as taxes from hotels, rental cars, and meals. It found that...

Oregon Raises Taxes, But Budget Situation Worsens

07/21/2010
by Kristina Rasmussen “Oregon Raises Taxes, But Budget Situation Worsens.” There’s a lesson here for tax hikers in Illinois. Amber Gunn has the story in the August edition of Budget & Tax News: Oregon voters in January approved significant personal and corporate income tax hikes. The predicted increases in revenue have failed to materialize, however, and now the state...