Don't forget to buy your DOTS, your toothpaste, and your Hennessey's (and pinot noir) tonight! Because September 1, taxes are going up on all these items, and more. They will be taxed at the state rate of 6.25% (plus the lovely local sales tax -- Cook County has the highest, don't forget)
See here for a breakdown of the taxes from our friends at the Illinois Policy Insitute.
Are there candy makers and shampoo manufacturers in Illinois? Not for long, I bet.
Oh, and the revenue will help pay for the $31 billion capital fund signed into law by Governor Quinn in July. And what is that funding? Who knows -- maybe things like this unrequested surprise gift.
