The Chicagoland Chamber of Commerce issued a statement last week regarding Chicago City Council’s proposal to add a new 29.5 percent tax on water and sewer bills to produce additional revenue for the city.
The statement from the chamber expresses the chamber's view that businesses will be affected the most by the additional taxes.
"If passed, this new tax will be the next item on a long list of taxes, fees and mandates affecting Chicago’s employers, coming right on the heels of mandated paid sick leave, minimum wage increases, and a record-setting hike in property taxes," Chamber President and CEO Theresa Mintle said.
The chamber statement said it is critical that those in power at city hall work hard to attract new business and retain existing businesses, and that this is the way to bring in much-needed revenue for Chicago.
"Only after this happens will our city see real growth in both employment and our economy,” Mintle said.