LatestGoods & Service Tax (GST) 17 July 2026
Toll and Sales Tax Hike
The Regional Transportation Authority approved the increase last month, so as of August 1 the higher rates will be in effect, with a 1.25% tax on general merchandise in Cook County, Illinois Policy notes that these changes affect consumers and businesses, with the tax hike expected to impact sales and economic growth, the increased tax rates have been a topic of discussion among policymakers and residents
The Regional Transportation Authority approved the increase last month, so as of August 1 the higher rates will be in effect. The new tax rates include:
- 1.25% on general merchandise in Cook County.
The increased tax rates have been a topic of discussion among policymakers and residents, with some arguing that the hike will negatively impact sales and economic growth. *Taxes* are a significant concern for consumers and businesses, and the recent changes are expected to have a noticeable effect.
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