Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
For some reasons these articles always omit the McPier Tax, which is another 1% of every restaurant meal in between Diversey to the north, Ashland to the west, Cermak to the south, and the lakefront to the east. I know they were recently seeking expansion of that because…well…they can never get enough. I think that measure got squashed, but it’s still there.
So when you eat a meal or order out in those areas (basically almost all of Chicago) you are paying 11.25%, not 10.25%.
11.50%. Chicago also imposes a 0.25% Restaurant Tax on the selling price of all food and beverages.
What a depressing article to start off my day.