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Cook tax increase has county border towns steaming — chicagotribune.com
By W. Guy Finley | March 5, 2008
Cook tax increase has county border towns steaming — chicagotribune.com
Cook County is the cradle of the Democratic tax and spend philosophies in Illinois. With a new county sales tax and a statewide transportation sales tax the new sales tax rate in Cook County will sky to over 10%. Moves like this simply kill business and nobody knows that more than those in border municipalities.
In towns like Barrington and Palatine residents will be able to make a short drive to Lake or McHenry County to take advantage of much lower tax rates. Think this threat of driving business out of the area is not real? Go to grocery stores on the Wisconsin border like Woodman’s and check out all the Illinois license plates there. Lower Wisconsin taxes are driving Illinois consumers to Wisconsin business day after day and the Illinois tax loss goes along with it.
Until the voters of Cook County wake up and realize what their leadership is leading them to businesses will continue to flee or, more precisely, be driven out of Cook County. For voters in Illinois the issues are the same, businesses continue to relocate to Wisconsin to take advantage of reduced taxes and while it is clear more people live in Wisconsin and commute to Illinois to work, if these taxes continue it might not be long until that tide shifts as well.
Topics: Illinois, Local Issues |
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