Chicago May Raise Hotel Room Taxes
From Chicago Sun-Times:
Overall Occupancy Tax Would Rise to 16.4%
Mayor Rahm Emanuel will raise taxes on hotel rooms and downtown parking — along with fees on city stickers for SUV’s — to chip away at Chicago’s $635.7 million shortfall, aldermen were told Tuesday. During a series of closed-door briefings, aldermen were told that the mayor plans to raise the city’s tax on Chicago hotel rooms from 3.5 percent to 4.5 percent, a 28.5 percent increase. Click here for the full story.
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