It’s another dubious honor for Chicago.
Just as Illinois touts its first sales-tax holiday, a new report highlights Chicago as having among the highest retail sales tax rates of the nation’s largest cities. At 9.75 percent once county, mass transit and city taxes are added to the statewide 6.25 percent sales tax, Chicago’s tax rate is equal to that of Los Angeles.
In its annual survey, information services company CCH Inc. said consumer taxes for retail items, gas and cigarettes continued to climb in many states.
The company found that five states — California, Kentucky, Minnesota, Nebraska and North Dakota — raised their tax on gasoline and another five — Arizona, Kansas, Massachusetts, New Mexico and North Carolina — boosted their sales tax.
Ten states and the District of Columbia increased the tax on cigarettes. The D.C. and North Carolina were the only two areas to increase all three forms of taxation.
Meanwhile, Florida was the only state that reported a tax reduction, and it was a small one. The state lowered its gas tax to 16 cents, from 16.1 cents.
In announcing its report Monday, CCH said Los Angeles’ sales tax rate was 9.5 percent, but the California State Board of Equalization put it at 9.75 percent.