Illinois Democrats Suggest Several New Taxes To Fund Transit
Illinois lawmakers are considering ways to fund Chicago-area mass transit agencies. State Democrats proposed several taxes to generate one point five billion dollars to help the CTA, Metra, and Pace avoid a more than 200-million-dollar fiscal cliff next year. The bill includes an amusement tax on streaming services like Netflix, a surcharge on tickets for large concerts and other performances, and a so-called “billionaire tax.” State lawmakers are wrapping up their fall veto session this week in Springfield.
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