Head tax, LaSalle St. tax, vacancy tax on progressives’ checklist for Lightfoot – Crain’s

A coalition of progressive groups and a handful of aldermen are getting specific about increases to a bevy of taxes to fill Chicago’s budget hole, including restoring and increasing Chicago’s corporate head tax to $16 per month for large companies, instituting a 3.5% tax on office leases, a hike in the hotel tax from 4.5% to 7.5% and a local income tax on those earning above $100,000 a year.

 

That’s just the start. See their whole “Re-imagine Chicago Platform linked here.

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It’s time to rethink how we pay for city services – Opinion – Crain’s

Michael A. Pagano, dean of the College of Urban Planning and Public Affairs and director of the Government Finance Research Center at the University of Illinois at Chicago. Meter all water users and charge a price to replace the system’s infrastructure. Charge a market price for parking as well as road use, starting with congestion pricing. Ask the legislators in Springfield for access to an earnings tax at the place of employment, like Ohio’s cities, or a payroll tax on employers, and reduce the property and sales tax rates. Broaden the sales tax base by imposing the sales tax on

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