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Preckwinkle is “looking hard” at a new sugary soft-drink tax

Fran SpielmanThe Chicago Sun-Times

Sep 21, 2016

This article originally appeared in the Chicago Sun-Times.

County Board President Toni Preckwinkle is “looking hard” at a new tax on sugary soft drinks — anywhere from half a penny to a full penny an ounce — to close a $174.3 million budget shortfall without employee layoffs, sources said Tuesday.

Last year, Preckwinkle damaged her credibility by reinstating the penny sales tax she campaigned against to generate $474 million in annual revenue to help solve the county’s $6.5 billion pension crisis.

A few months later, 4 persuaded the Cook County County Board to slap a 1 percent tax on hotel rooms for…

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