Retailers push back on Pritzker’s proposal to cap sales tax credit they claim – Center Square

“They’re paying the cost of tax collection and remittance on behalf of the state for every transaction that occurs, particularly electronic transactions which now account for more than 80% of all transactions, so it's not fair to shift more of that cost onto the backs of retailers regardless of their size,” said Rob Karr, president of the Illinois Retail Merchants Association.
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Hello, Indiana!
2 years ago

Karr might want to take note of how the casinos / slots business with the state goes. I’m betting ( no pun intended) that Ballys has wised up and is abandoning plans for the Chicago casino at this very minute.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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