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The RTA sales tax was increased to 1.25% in Cook County, and 0.75% in the collar counties (from 1% and 0.25%, respectively), but one-third of the sales tax collected in the collar counties (i.e. 0.25%) is distributed directly to the counties [39] and the county boards may use that money for transportation or public safety purposes. [40]
Trump also proposed several new key tax initiatives, such as removing the current $10,000 limit on the state and local tax (SALT) deduction, eliminating taxes on Social Security and tip income ...
On the campaign trail ahead of Tuesday’s Presidential election, Trump has floated plans for a broad-based tariff of 10% to 20% on all imports to the U.S., along with targeted tariffs upwards of ...
Development of the comprehensive regional plan began in September 2007, with development of a regional vision. It continued through two years of research that culminated in 2009 with extensive public outreach that coincided with the centennial of Daniel Burnham's 1909 Plan of Chicago. The resulting "preferred regional scenario" published in ...
A telecommunications tariff is an open contract between a telecommunications service provider and the public, filed with a regulating body such as state and municipal Public Utilities Commissions and federal entities such as the Federal Communications Commission (FCC). [1]
The so-called Tourism District Plan looks to add an extra 1.5% surcharge on room rates for stays at loop hotels with at least 100 rooms. ... As part of Choose Chicago’s vision, the city’s ...
The property tax is a local tax, imposed by counties, townships, municipalities, school districts, and special taxation districts. The property tax in Illinois is imposed only on real property . [ 5 ] [ 6 ] [ 7 ] Illinois counties, townships, cities, and villages may also promulgate local ordinances .
Generally speaking, the mayor and city departments comprise the executive branch of the city government, and the city council comprises the legislative branch. [3] However, the mayor does have some formal legislative functions such as being the presiding officer of the council and being able to break tie votes, and informally has dominated legislative activity since the late 19th century.