How Would A Commuter Tax Work, Anyway?
By Tony SarabiaHow Would A Commuter Tax Work, Anyway?
By Tony Sarabia
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Here’s something that
could affect your paycheck if you live in the suburbs and work in Chicago.
Chicago mayoral candidate Bill Daley recently brought up the idea of a commuter
tax during a speech at the City Club of Chicago as one way to raise much needed
revenue to help solve the city’s pension crisis. He also mentioned marijuana sales, a casino and
a real estate transfer tax as other possible revenue streams.
David Merriman is a
professor in the Department of Public Administration at UIC. He broke
down the various types of taxation Chicago’s next mayor could consider to raise
revenue.