Chicago, Il—With the highest sales taxes in the nation and astronomical parking garage taxes Chicago’s politicians have driven even their own residents to shop elsewhere.
The outrageous taxes make Chicago the place to avoid. There is little motivation for any commerce to remain inside the Windy City. Yet Chicago’s taxes are still being raised at every opportunity as services are being reduced.
Mayor Richard M. Daley along with Alderman Edward Burke has been strangling the life and blood from the city. Chicago was riding high on phony property values that are now dropping like a rock.
The tax base is evaporating and there is no end in sight. Imagine owning a loop specialty store waiting for Christmas shoppers that just refuse to accept Chicago’s taxing extortion. Depressing does not begin to describe that picture.
If the city would simply stop awarding make work contracts to politician’s campaign contributors. And begin a tax war competing to have the lowest taxes with the suburbs perhaps business and revenue would begin to return to the city.
I’m not sure what it will take to overthrow Daley, Burke and the others choking the breath out of what should be a huge thriving metropolis. Something has to give before Chicago becomes the biggest ghost town in America.