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Illinois

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TexasTowelie

(118,434 posts)
Thu Jun 20, 2019, 08:44 PM Jun 2019

Lightfoot won't rule out broadening sales tax umbrella to include professional services [View all]

Is the sales tax on services — buried years ago after being branded the “Rahm tax” — about to be resurrected?

Will it someday be known as the “Lori levy”?

Mayor Lori Lightfoot isn’t saying. But she’s also not ruling it out.

One week after telling reporters there is “no question that we’re gonna have to come to the taxpayers and ask for additional revenue,” Lightfoot was asked about an idea that she, herself, raised during the mayoral campaign.

That is, asking the Illinois General Assembly to empower the city to broaden its sales tax umbrella to include an array of professional services still not taxed in an economy that is becoming increasingly more service-oriented.

Read more: https://chicago.suntimes.com/city-hall/2019/6/19/18691798/lightfoot-sales-tax-professional-services-city-budget-deficit-revenue

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