Preckwinkle: Not so Fast on Tax Cut
(Chicago Tribune) — Democratic Cook County Board president candidate Toni Preckwinkle said Wednesday that she wouldn’t eliminate the rest of a controversial county sales tax increase until 2012 at the earliest.
That’s because budget experts told her next year’s shortfall could reach $500 million due to a poor economy, elimination of federal stimulus cash and the already-approved half-cent sales tax reduction.
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