Some question why video gambling tax increase should benefit Chicago

Some question why video gambling tax increase should benefit Chicago


(The Center Square) – Video gambling is a huge cash cow for the state of Illinois and Democratic lawmakers want a bigger slice of the pie for Chicago.

A late addition to the $53.1 billion state budget that Gov. J.B. Pritzker is considering would raise the tax on the industry to 35%. The Pritzker administration estimated that the tax hike would generate an additional $35 million next fiscal year.

Springfield Mayor Misty Buscher said she recently met with the Illinois Licensed Beverage Association, which voiced concerns about more taxes on small businesses.

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“With the minimum wage going up and the Paid Leave for All Workers Act, there have been a lot of additional expenses on small business, so they were very concerned about their revenues,”

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