A few hours after unveiling a $40 million tax on rides from Uber, Lyft and other ride-sharing firms, Lightfoot’s office confirmed that she’ll also seek a $20 million new tax on restaurants. The quarter-percentage-point levy would apply to all food and beverages sold at retail establishments. Combined with levies by other governments including Cook County and the Metropolitan Pier & Exposition Authority, the tax on restaurant bills would rise to as much as 11.75 percent.
Somebody should perform a statistical evaluation of the relationship between taxes increasing and people relocating. Obviously, there’s a positive correlation here.
Also, it seems like Chicago, by frequently increasing taxes and user fees, has a target goal for its population to be much lower than 2.9 million people. Is 29,000 the goal? No, that’s too low. How many city workers are there?
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
More taxes for the Chicago voters…cool!
Somebody should perform a statistical evaluation of the relationship between taxes increasing and people relocating. Obviously, there’s a positive correlation here.
Also, it seems like Chicago, by frequently increasing taxes and user fees, has a target goal for its population to be much lower than 2.9 million people. Is 29,000 the goal? No, that’s too low. How many city workers are there?
Rosemont entertainment complex, here we come!