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Lightfoot floats casino, real estate transfer tax plans with Chicago delegation

Mayor Lori Lightfoot wants the Illinois General Assembly to reduce the effective tax rate on a Chicago casino to 45 percent, have the city and state “own the license” and authorize a graduated transfer tax that would apply to commercial real estate sales.


The mayor floated those plans during a private meeting over the weekend with members of the Chicago delegation.


https://chicago.suntimes.com/politics/2019/10/14/20914075/chicago-casino-real-estate-transfer-tax-veto-session-lightfoot

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