Wednesday, September 19, 2007

And You Though Half a Percent Was Bad

Cook County is considering raising its sales tax from 9% to 11%. It would be going up about 30%. That's not much, though, says Cook County Commissioner Joan Murphy:

The commissioner said it would have little effect on the bottom line for retailers and restaurants and hotels.

"Cook County is a destination place," said Murphy. "We have great conventions and conferences here. The sales tax is going up 2 ¾ percent. That's not a back-breaking increase."

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