Did you ever wonder where the “surcharges” on your home phone and cell phones go? Look no further… In Naperville, the city has its own ETSB, or Emergency Telephone System Board, with the duty of managing the city’s 911/E911 system, or Emergency Telephone System. Part of that duty includes determining …
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Toni Preckwinkle Wants Cook County To Impose Tax On Craigslist Car Purchases
LISTEN: WBBM Newsradio’s Steve Miller reports CHICAGO (CBS) — The Cook County budget that is up for a vote Friday includes a first-ever county tax on cars and boats bought through sites such as Craigslist. But as WBBM Newsradio’s Steve Miller reports, the plan comes as a surprise to the …
Read More »Amazon Tax, Short-lived?
The Amazon tax, which became law in January, is bad for businesses, workers, and families. Last week, Performance Marketing Associates brought a lawsuit against the Illinois Department of Revenue challenging the constitutionality of the law. As far back as last year, executive vice president, Kristina Rasmussen warned that if the …
Read More »‘Amazon Tax II’ passes Illinois Senate — to furious opposition from city, county, RTA
Posted by Greg H. at 4/15/2011 12:34 PM CDT on Chicago Business You might call it Amazon Tax II — a proposed sales tax “simplification” measure with potentially massive financial implications. Chicago-area officials say the bill could cost them hundreds of millions, and maybe billions, of dollars a year. But …
Read More »Chicago alderman proposes vehicle sticker hike
Associated Press A Chicago alderman says he has come up a plan that could produce more revenue for the city. Alderman Joe Moreno says owners of gas-guzzling cars should pay more for city vehicle stickers. At the same time, owners of electric cars and hybrids should see the cost of …
Read More »City stickers for most cars could cost more
By John Byrne Tribune reporter Owners of gas-guzzling cars in Chicago could see city sticker shock to go with the pain at the pump if an alderman’s plan to increase the cost of the annual stickers is approved. Ald. Joe Moreno, 1st, hopes to raise about $21 million per year …
Read More »Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes
Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting — involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” — helped reduce …
Read More »Illinois. Out of Cash. Worst state for pensions. What to do?
By Carol Marin on February 22, 2010 5:57 PM Join us tonight at 7PM on Chicago Tonight (Channel 11) as Civic Federation boss Lawrence Msall describes what his organization views as the terrible truth. Major cuts, tax increases, taxes on pensions. What’s so interesting about all this is that Msall …
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