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Old 12-04-2009, 10:24 PM
 
Location: Berwyn, IL
2,418 posts, read 6,255,850 times
Reputation: 1133

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Quote:
Originally Posted by Lionel671 View Post
hi my name is lionel i want to know why the sales tax is 10.25 keep it like 8.25 or 9.25
Ha. This is a loaded question. Yes, it should be lower but what can you do. We'll see if the Toddler will try to find some legal loophole to somehow veto the deduction that just happened.
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Old 12-04-2009, 11:13 PM
 
Location: Chicago
38,707 posts, read 103,185,348 times
Reputation: 29983
Quote:
Originally Posted by Lionel671 View Post
hi my name is lionel i want to know why the sales tax is 10.25 keep it like 8.25 or 9.25
Because the income tax in Illinois is only 3% and Chicago has no city income tax unlike a lot of other major cities. So guess where a lot of the difference gets made up...
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Old 06-08-2012, 01:12 PM
 
211 posts, read 394,813 times
Reputation: 74
There is a new, higher tax on some mobile phone rates / plans in Chicago. It's a whopper, about 9% increase. Don't know if it's state, city, or county imposed.
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Old 06-08-2012, 01:15 PM
 
Location: Bay Area
1,490 posts, read 2,678,872 times
Reputation: 792
Comcast subscribers pay a 9% City of Chicago amusement tax on their total cable bill, but Directv and Dish are exempt. Apparently, they provide two different services.
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Old 06-08-2012, 02:34 PM
 
10 posts, read 28,100 times
Reputation: 11
Taxes in Chicago are sky-high, and only going to get much worse.

The City is in massive debt, and the State is in the worst shape of any state nationwide. Pension reform failed. Guess what that means for our taxes?

Are we trying to out-decline Detroit or something?
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Old 06-08-2012, 04:44 PM
 
Location: Upper West Side, Manhattan, NYC
15,323 posts, read 23,923,075 times
Reputation: 7419
Quote:
Originally Posted by DonOso View Post
Taxes in Chicago are sky-high, and only going to get much worse.

The City is in massive debt, and the State is in the worst shape of any state nationwide. Pension reform failed. Guess what that means for our taxes?

Are we trying to out-decline Detroit or something?
Taxes are getting worse? Last I checked, I saw some of the taxes go down in the last 1-1.5 years. Interesting.
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Old 06-09-2012, 05:56 PM
 
1,495 posts, read 2,300,383 times
Reputation: 811
I'll never quite understand the mindset of obsessing over isolated quantities like taxes, rather than the overall picture of opportunity/income/cost-of-living/services/amenities/lifestyle. I suspect the tax obsession is ultimately driven more by political hang-ups than by practical considerations.
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Old 06-09-2012, 06:02 PM
 
1,495 posts, read 2,300,383 times
Reputation: 811
Quote:
Originally Posted by DonOso View Post
Are we trying to out-decline Detroit or something?
Ah yes, the completely-irrational-yet-somehow-inevitable Detroit comparison. It's like a special local variation on Godwin's Law.
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Old 06-09-2012, 06:09 PM
 
Location: Huntington Woods, MI
1,742 posts, read 4,002,850 times
Reputation: 683
11.25% sales tax downtown? I never paid attention to my bill when I went there. I see a lot of people talking about Illinois income tax, but Michigan is a flat 4.35% and a flat 6% sales tax with no tax on food. I also see why gas was so much more than Indiana too.
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Old 06-10-2012, 12:16 AM
 
Location: Upper West Side, Manhattan, NYC
15,323 posts, read 23,923,075 times
Reputation: 7419
Quote:
Originally Posted by scolls View Post
11.25% sales tax downtown? I never paid attention to my bill when I went there. I see a lot of people talking about Illinois income tax, but Michigan is a flat 4.35% and a flat 6% sales tax with no tax on food. I also see why gas was so much more than Indiana too.
There's no difference between sales tax downtown vs. any other neighborhood in Chicago. It's 9.75% (County + City) after everything unless it's on medicine or food, then it's 2.25% no matter where you go. Maybe you/whoever is thinking of restaurant tax instead of sales tax. I think restaurant tax is somewhere around there.
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