Saturday, November 06, 2004

Daley: Tax Increase Could Be In City's 2005 Budget

This is why I have to move to one of them 'RED' states....

CHICAGO -- Mayor Richard M. Daley said Thursday that Chicago residents may end up paying higher taxes as the city tries to balance its 2005 budget.

Daley said increasing sales taxes and raising property taxes are two of many options being considered. How about looking further into corruption, or better yet, like every citizen does - control spending.

Alderman Thomas Allen said raising the sales tax to 9 percent would gain revenue, but it could also could hurt the city's retailers because some shoppers might go to the suburbs for big-ticket items. - YA THINK ?? more....

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