Video gaming tax could hurt many business owners

Cook County bar owners were thrilled by the legalized video gaming within the county because this would bring much needed revenue into their businesses.  However, Toni Preckwinkle, Cook County Board President, has proposed an $800 tax on each video game as a means of decreasing the county’s budget deficit.  Business owners are not happy about the proposed tax.

Arguing for the tax, Preckwinkle says that the video games can generate up to $800 per day for the owners while the county is only asking for $800 per year on the games.

For the full story details read, “IL: Video gaming tax could stifle Cook County businesses, opponents say.