Chicago Mayor Proposes 11 Tax- And Fee-Hikes As Part Of 2025 Budget
By Dylan Sharkey of Illinois Policy
Chicago is on the verge of adding $233.9 million in new tax hikes as part of the city’s $17.3 billion budget for 2025, if aldermen pass Mayor Brandon Johnson’s proposals.
Johnson’s tax increases include hikes in property taxes, personal property leases, the city shopping bag tax and the tax on streaming services. Hikes are hitting vehicles with more speed cameras, parking taxes and rideshare fees.
These have already passed the City Council Finance Committee, meaning it could pass the full council by the end of the week. The bulk of the tax hikes will come from:
- $68.5 million: Property tax hike, down from Johnson’s original $300 million ask which was met with a unanimous “no” vote by the city council.
- $128.1 million: Hiking personal property lease tax, including on cloud computing, to 11% from 9%.
- $12.9 million: Increasing the amusement tax on streaming and tickets to live events to 10.25% from 9%.
- $11.4 million: Increase number of speed cameras in the city.
- $5.1 million: Raising paper and plastic, single-use shopping bag tax by 3 cents to 10 cents total.
- $7.9 million: Other fees and taxes, including on parking and rideshares.
Find your city council member and tell them Chicago taxes are already too high. The new budget is due by the end of the year, so they could vote on the hikes in a matter of days.
Tyler Durden Thu, 12/12/2024 – 16:20
Source: https://freedombunker.com/2024/12/12/chicago-mayor-proposes-11-tax-and-fee-hikes-as-part-of-2025-budget/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,659,652,540 |
| Stories: | 8,305,783 |
Whistler Blowers, Insiders
