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On Wednesday, November 18, the Cook County Board passed its FY2016 Budget which included four new taxes: 1) Hotel Tax, 2) Ammunition Tax, 3) E-Cigarette & E-Liquid Tax, and 4) Ticket Re-Sellers Tax. Unfortunately, all four taxes were passed as part of the FY2016 Budget placing a greater financial burden on the businesses of these four industries and Cook County taxpayers.I...
Cook County Chronicle – Benjamin Reyes, owner of an e-cigarette store in Des Plaines, said he would close up shop and head north if the county follows through on a proposed tax on the products he sells. “I’m leaving. This goes through, I’m gone,” said the owner of Colossal Vape. “… I’m prepared to leave Cook County. I’ll move from...
Chicago, IL – The Cook County Board of Commissioners passed four new taxes today that gives the county another $17.8 million in new tax revenue. The new taxes are: Hotel Tax, Ticket Resellers/Brokers Tax, E-Cigarette & E-Vapor Tax, and a Firearm Ammunition Tax. Commissioner Morrison viewed today’s votes as an example of the county board taking the expedient way out...
Chicago, IL – Cook County Commissioner Sean M. Morrison has submitted an amendment today to close the $22.5 million budget gap faced by Cook County in its FY2016 budget. The proposed amendment will allow for $22,500,000 of discretionary revenue to be allocated to cover the shortfall in the proposed FY2016 Cook County budget.Commissioner Morrison’s amendment comes in response to four...
CHICAGO – Cook County (Illinois Review) – like the city of Chicago and the state of Illinois – has a budget problem. The governments are spending more than they’re taking in. Instead of focusing on where to cut, Cook County Board President Toni Preckwinkle is focused on finding places where she can pull in more revenue. She’s placed a recommendation for a...
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