Wednesday, October 10, 2007

In Local Tax News …

The Chicago Tribune has an interesting article today about taxes levied by the city of Chicago against its residents and non-residents alike. The focus of the story are what the tribune considers those many “nagging little” taxes that seemingly go unnoticed, but are there. The article focuses on what it considers the most egregious, the proposed tax on bottled water. Why not tax bottled water? Place a tax on externalities in order to attempt to prohibit waste and wasteful behavior.

Read the full article here

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