Mayoral candidate Bill Daley says Chicago should consider a commuter tax
CHICAGO - Mayoral candidate Bill Daley on Wednesday said Chicago should consider a commuter tax on suburbanites and a host of other new revenue sources to help solve the city's looming pension crisis.
Chicago's next mayor will have to come up with hundreds of millions of dollars in additional annual payments to the city's public employee pension funds, and Daley said he's studying whether those who work in the city but live in the suburbs should help foot the bill.
"We have to find new revenues, and everything is on the table," Daley said 13 minutes into his 30-minute speech. "Marijuana, casinos, commuter taxes, real estate transfer taxes - and reforms to the system - must be on the table."
Daley, however, made no mention of a plan outgoing Mayor Rahm Emanuel has floated to borrow as much as $10
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