The incredible Chicago Democratic Party tax hiking machine, this time embodied by Cook County Board President Todd Stroger, wants to impose another two percentage point sales tax hike.
That would bring in about $1 billion.
Put in percentage terms, it’s a 266% hike.
While opposing this 266% sales tax increase, Brown has endorsed the RTA sales tax hike proposal. The Cook County proposal to hike the sales tax from 1/4 of one percent to 2.75 percent is taking flak, but the RTA one keeps chugging along, powered now by visions of casino donations in legislators heads.
In McHenry and other collar counties, that plan would increase sales taxes from 1/4 of one percent to 3/4 of one percent.
Yes, I know that 1/4 of one percentage point will be for road improvements, but there is already a law on the books that allows the imposition of such taxes after passage of a referendum. If McHenry County Board members wants that tax, let them ask for it. Instead of bringing up that topic, they are discussing revising the county’s seal.
Do the math.
Dividing 1/4 of one percent into the proposed 1/2 of one percent increase gives us a 200% RTA sales tax increase doesn’t it?