Thursday, November 21, 2024

Chicago Mayors 35% alcohol tax hike causes F&B big concerns

Chicago bar and restaurant owners joined the opposition to Mayor Brandon Johnson's 2025 budget plan Wednesday, saying the 35% tax hike he wants on liquor sales would be ruinous to their businesses. "There is no negotiation on this tax. We will fight it to all levels," Pat Doerr, director of the Hospitality Business Association of Chicago, told reporters at the Haymarket Brewery in the West Loop. "We have done our part for the city coffers over the last four years, and there was not a point we could agree on in between on this after what we've paid in the past. We're good earners for the city. We've earned enough, and we need a break."

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The proposed increase would be the city's first since 2008, but the industry group convened at a news conference to say City Hall should look elsewhere to balance Johnson's proposed $17.3 billion budget. In total, the levy hike is expected to net an additional $10.6 million from the city's so-called "sin taxes" on beer, wine and liquor sales, bringing it to a total $40.6 million in revenue.

Comments

Under Johnson's plan, the tax for the sale of liquor that is 20% or more alcohol by volume would jump from $2.68 a gallon to $3.62 a gallon.

An extra dollar for a GALLON of liquor gonna cause a problem for someone? Maybe they should reconsider their life choices.

#1 | Posted by censored at 2024-11-21 01:33 PM

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