Originally Posted By: EdwardC
billt460, I agree that this is all about the state trying to get more money. Here in Cook County, we already have a firearm and ammo tax. Every firearm sold in Cook County has a $25 tax added to it, every centerfire round has a $0.05 tax and every rimfire round has a $0.01 tax. My box of 50 9mm round costs $2.50 more than in the county next door.
That's on top of a high sales tax rate (10.25% in Chicago: 6.25% state, 1.75% county, 1.25% Chicago, 1% special).
Oh, also, I don't think the bill is a law yet, it just made it through the House, but still needs to go through the Senate and get signed by Governor Rauner.
What's funny is it isn't going to matter how much they raise from it, it will never be enough. Property tax rates in Cook, Lake, and Dupage County are already through the roof, with many homes paying into 5 digits a year. And even with all of that money they can't keep themselves above water. That state is taxed to death, with no end in sight. No matter what they take in, they'll always spend more.
billt460, I agree that this is all about the state trying to get more money. Here in Cook County, we already have a firearm and ammo tax. Every firearm sold in Cook County has a $25 tax added to it, every centerfire round has a $0.05 tax and every rimfire round has a $0.01 tax. My box of 50 9mm round costs $2.50 more than in the county next door.
That's on top of a high sales tax rate (10.25% in Chicago: 6.25% state, 1.75% county, 1.25% Chicago, 1% special).
Oh, also, I don't think the bill is a law yet, it just made it through the House, but still needs to go through the Senate and get signed by Governor Rauner.
What's funny is it isn't going to matter how much they raise from it, it will never be enough. Property tax rates in Cook, Lake, and Dupage County are already through the roof, with many homes paying into 5 digits a year. And even with all of that money they can't keep themselves above water. That state is taxed to death, with no end in sight. No matter what they take in, they'll always spend more.