Lightfoot floats casino, real estate transfer tax plans with Chicago delegation
- O'Rourke Firm
- Oct 17, 2019
- 1 min read
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.
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