sales tax

Cook County Board President Considers Sales Tax Increase

Jun 24, 2015

Board President Toni Preckwinkle is considering a one percent increase to the Cook County sales tax.

Preckwinkle said in a 2010 campaign ad that she would repeal the whole “Stroger” sales tax. Now, Commissioner Larry Suffredin says she’s asking the board about boosting the county-wide sales tax to help pay down pensions.

Suffredin says that would bump the current rate past 10 percent in the majority of the county. He's concerned it would hurt local retail.

Flickr user Parker Knight / "Chopperz 10" (CC BY 2.0)

Two tax policy organizations with distinct views released a joint report about Illinois revenue. 

It outlines how taxing services, such as haircuts and pet grooming, could generate up to two point one billion dollars in new annual revenue.

Ralph Martire, who is from the Center for Tax and Budget Accountability, says Illinois has one of the most narrow tax bases in the country.

The Sterling School Board is backing a county sales tax resolution. The vote come in Tuesday night's meeting. Sauk Valley Media reports that gives Whiteside County districts enough support to put a referendum on the November ballot.

If approved, the sales tax would increase to 7.75 percent.

Tax question awaits Boone County voters

Jul 18, 2012
District 100

Boone County voters will decide this fall on a proposed 1% sales tax increase. The Belvidere school board has approved placing the referendum on the ballot.