Is highest ticket tax in nation now on deck for Chicago?

The City of Chicago amusement tax on such things as tickets to the baseball, football, basketball & hockey games is already at 9% but Rahm Emanuel wants more... Rahm is also looking to raise cigarette taxes again too...

Mayor Rahm Emanuel is exploring the possibility of raising the city’s 9 percent amusement tax and the “sin” tax on cigarettes of 68 cents a pack to chip away at a $369 million shortfall in the city’s 2013 budget.

Three weeks away from his budget address, City Hall sources said Emanuel is determined to hold the line on sales and real estate taxes after signing off on a $41 million school property tax hike and a new teachers’ contract that virtually locks in up-to-the-limit school property tax increases in each of the next three years.

But he’s not ruling out a host of other new revenues while trying to steer clear of the ones he hit last year: hotel rooms, parking, downtown loading zones and fines for parking violations, and criminal and nuisance offenses punishable by vehicle impoundment.

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