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Will the ‘Rahm Tax’ Make a Comeback?

Remember the luxury services tax Mayor Rahm Emanuel proposed during his campaign?

His opponents blasted the idea, calling it the “Rahm tax,” but Emanuel touted it as a win-win for businesses and shoppers who pay one of the highest sales taxes in the country.

Well, Emanuel may be bringing back the concept after a report released this week by Chicago’s inspector general included it among 63 ways to save the city money and boost revenue. The idea, according to the report, could yield $450 million a year.