Despite Huge Shortfall, Preckwinkle Has No Regrets on Sales Tax Cut

July 29, 2011  |  

(Chicago Sun Times) — Cook County Board President Toni Preckwinkle said Thursday she doesn’t regret pushing for next year’s slight rollback of the county’s sales tax even though the revenue losses are contributing to a forecasted $300 million-plus budget deficit in 2012.  Preckwinkle campaigned on rolling back what’s left of the 2008 penny-on-the-dollar county sales tax hike that was championed by former President Todd Stroger — a hike that ultimately cost him his re-election bid.  “I said on the campaign trail that the sales tax increase was a burden to working families and a burden to our business communities, particularly businesses on the periphery of the county who had to compete with Kane, Lake, Will and DuPage — counties that had a lower sales tax,” Preckwinkle said.

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