Cook County President Drops 5-Cent Per Bullet Tax
CHICAGO (AP) - The top official in Cook County says she is dropping controversial plans for a nickel tax on every bullet.
Cook County Board President Toni Preckwinkle said Wednesday that she will continue to push for a $25 tax on all firearms. Cook County encompasses Chicago and is the nation’s second-largest county. Preckwinkle said the ordinance was more about addressing gun violence than raising money for a county that faces a budget shortfall of more than $260 million.
The proposed tax angered gun-rights advocates, who predicted it would drive business from Cook County and to neighboring Indiana and Wisconsin.
Cook County Commissioner Edwin Reyes told the Chicago Sun-Times it’s unclear if Preckwinkle had the necessary support for the measure.
The Chicago Tribune reports the bullet tax was expected to raise $400,000.
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