Parking downtown could cost more with proposed escalating tax
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CHICAGO (FOX 32 News) -
Parking downtown could cost drivers more if Mayor Emanuel has his way.
On Wednesday, the mayor proposed switching city parking taxes from a complicated escalating fee to a percentage-based system. The change would mean more money for some drivers and less for others.
A driver who currently pays $30 during a weekday pays a $5 tax on top of that. Under the new system, they would pay $6.
A driver who currently pays $150 a week pays a $25 dollars tax. With the flat fee, they would pay $30 - a $5 increase.
A driver who scores a $12 daily early bird special pays a $5 tax right now. Under the new system they would pay $2.40.
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