Cook County Goes After Lollapalooza's Tax Exemption

WBEZ:

If the city won't reexamine the boondoggle of a tax break that the Daley administration gave Lollapalooza, even in the midst of an epic budget crisis, the county will.

Cook County Commissioner Bridget Gainer says she has heard from many of her North Side constituents complaining about the negative impact on their businesses caused by Lollapalooza, and its tax break adds insult to injury. "No tax is paid or reported," she says. "It's absurd."

Read the whole story: WBEZ

Comments

[mikey09-12]

02:37 PM on 01/23/2012

So, another example of politicians doing big financial favors for relatives or campaign donors.

[citizenlegisators]

01:38 PM on 01/23/2012

Rahm's brother is involved,,,,,Now ,,, how about the restaurants at the Taste ?

[Romano54]

01:13 PM on 01/23/2012

The mayor has had the opportunity to have this investigated for about a year, but since "Lollapalooza is co-owned by C3 and William Morris Endeavor, the Hollywood talent agency run by his brother Ari, many of whose employees made substantial donations during the mayoral campaign.palooza...", he did not feel it important enough to rush into it. Laying off the people that actually work, closing clinics, eliminating service, certainly is a high priority. The money is there. The mayor need to want to look, and stop worrying about offening friends!