Chicago is tied with two other cities for the highest sales tax rates for a major U.S. city, adding another superlative for taxation of residents and visitors.
Chicago is home to the highest combined state and local sales tax rates in the nation, according to a new report from the nonpartisan Tax Foundation. Chicagoans pay a combined state and local sales tax rate of 10.25%. The city has held this dishonor since the Cook County Board passed a sales tax hike in 2016.
Long Beach and Glendale, Calif., share the top spot with Chicago. The report examined cities with over 200,000 people.
Chicagoans pay the city 1.25%, the county 1.75%, the transit authority 1% and the state 6.25% – for a total sales tax rate of 10.25%. The Tax Foundation specifically noted that many Chicago-area residents will shop online or in the suburbs to avoid paying the city’s high taxes. Even that work-around is being disrupted as online market places will be required to collect the state’s sales tax beginning Jan. 1, 2020.
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5 comments:
It gets harder and harder to fund the corruption and socialism.
Don’t get nothing for all that tax money.
10 friggin percent? Oh hell no. Keep your sh*tty deep dish to yourself. Mis-management of resources big time!!!
How's that gun control and wicked tax rate working out for ya'll?
What a horse turd town!
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