After reading the following a short time ago about Cook County (Illinois) Board President Toni Preckwinkle’s gun tax on law-abiding residents to pay for the stupid actions of local criminals, I thought to myself, “I can’t get out of Cook County fast enough.” From Hal Dardick on the Chicago Tribune website at lunchtime:
The cost of buying cigarettes and guns in Cook County will rise next year after commissioners today voted 16-1 to approve County Board President Toni Preckwinkle’s $2.95 billion budget.
In addition to the $1-per-pack increase on a pack of smokes and a new $25 per-gun tax on firearm purchases, the board also enacted a 1.25 percent use tax on large out-of-county purchases, with an exemption on the first $3,500 spent. There’s also a $1,000-per-year tax on slot machines and a $200-per-year tax on video gambling terminals.
The cigarette tax increases March 1, while the use tax and gun tax are effective April 1.
(Editor’s note: Italics added for emphasis)
So, it’s now “official”- Cook County, Illinois, is now the only place in America that levies a special tax on purchasers of firearms.
Funny how Cook County officials and the “watchdog” Chicago news media never talked about how this new gun tax will impact major sporting goods retailers who do brisk business selling firearms and have a presence in the county, such as Cabela’s and Dick’s Sporting Goods.
I’m guessing their respective corporate offices are running the numbers right now to decide whether or not to shut down their retail stores in Cook County.
A subject that’s already being discussed.
“Opening Soon! The Trinkets And Other Crap For Sale Store”
Soon-to-be-seen signage at the former sites of 40 or so gun shops and the Hoffman Estates Cabela’s in Cook County? There’s plenty of these kinds of businesses already around.
In total, Cook County Board President Toni Preckwinkle and the 17 Cook County Commissioners just hiked fees and taxes for area residents and business by a projected $41.7 million. Meanwhile, Cook County residents and businesses struggle to keep afloat in the ongoing financial crisis.
Dardick, Hal. “New Cook County budget includes $1-a-pack cigarette tax hik.” Chicago Tribune. 9 Nov. 2012. (http://www.chicagotribune.com/news/politics/clout/chi-new-cook-county-budget-includes-1apack-cigarette-tax-hike-20121109,0,384861.story). 9 Nov. 2012.
4 Comments to Cook County Enacts $25 Per-Gun Tax On Firearm Purchases
Leave a comment
Christopher E. Hill, Editor
87,086 Unique Visitors in 2013
355,845 Unique Visitors from
Please Rate this Blog HERE
- BIS: Global Debt Markets Grow To Estimated $100 Trillion In 2013, Up From $70 Trillion In 2007
- Missing ABC7 I-Team Info About Illinois Concealed Carry Security Breach
- Quote For The Week
- Record Net Worth Result Of Fed Blowing Bubbles In Housing, Stocks?
- Chicago Police Superintendent Garry McCarthy On IL Concealed Carry Licenses: ‘Stand By And Watch What Happens’
- How Prepping Saved Many Alsatian Jews From the Nazis
- Moody’s Downgrades Chicago’s Credit Rating Again, Issues Negative Outlook
- HSBC: China, Not Investment Demand From West, Now Steering Gold Prices
- The Civic Federation Proposes Plan For Achieving Long-Term Fiscal Sustainability In Illinois
- Illinois Gun Owners To March, Lobby In State Capital Tomorrow
- Editor on Can 4-Methylcyclohexane Methanol Be Filtered From Contaminated West Virginia Water?
- Fred H on Can 4-Methylcyclohexane Methanol Be Filtered From Contaminated West Virginia Water?
- Kurt A on Free Online Survival Training Summit Starts Monday
- My Info on Chicago Named A Top ‘Hellhole’ In America
- Editor on On TV: Doomsday Preppers ‘The Time of Reckoning’ Review
- Prep Mister on On TV: Doomsday Preppers ‘The Time of Reckoning’ Review
- james on JM Bullion Presale Of 2014 American Silver Eagles
- Rob Dawg on JM Bullion Presale Of 2014 American Silver Eagles
- Editor on Peter Schiff: ‘The Fundamentals For Gold Have Never Been Better Than They Are Now’
- Editor on Merry Christmas