Sweetened-Beverage Tax Repeal Could Open Door For Other Tax Increases
The Cook County Board rescinded the unpopular sweetened-beverage tax this week. But the move could open the door for other tax increases.
Democratic Commissioner Larry Suffredin was one of only two on the board to vote against repealing the penny-per-ounce sweetened-beverage tax. Suffredin says the county needs the $200 million the tax was supposed to generate. And by repealing the tax, he says, the board also repealed a resolution adopted a year ago that prohibits the county from raising other taxes until after 2020.
The board has to set its 2018 budget, which is due by Dec. 1 — the same day the sweetened-beverage tax officially goes away.