{"id":59872,"date":"2019-12-16T12:50:30","date_gmt":"2019-12-16T17:50:30","guid":{"rendered":"https:\/\/urbanmatter.com\/chicago\/?p=59872"},"modified":"2020-01-09T14:00:03","modified_gmt":"2020-01-09T19:00:03","slug":"chicago-doubles-taxes-on-food-and-drinks-at-bars-and-restaurants-in-2020","status":"publish","type":"post","link":"https:\/\/urbanmatter.com\/chicago\/chicago-doubles-taxes-on-food-and-drinks-at-bars-and-restaurants-in-2020\/","title":{"rendered":"Chicago Doubles Taxes on Food and Drinks at Bars and Restaurants in 2020"},"content":{"rendered":"<p>Chicago bars and restaurants are getting more expensive in 2020. Mayor Lori Lightfoot&#8217;s 2020 budget for Chicago was just approved by aldermen, which included a doubling of tax on food and drinks. <a href=\"https:\/\/chicago.eater.com\/2019\/12\/13\/21020362\/chicago-food-and-drink-tax-increase-band-bohemia-fundraiser-intel\" target=\"_blank\" rel=\"noopener noreferrer\">A quarter-percentage-point raise in taxes<\/a> will go into effect on January 1, 2020, in Chicago.<\/p>\n<p>Tax on drinks and food at Chicago establishments will rise from its already high 0.25% tax to 0.5% in the new year, keeping Chicago one of the most expensive cities to enjoy.<\/p>\n<p>The reason behind the increases in tax for food in Chicago comes as no surprise: Lightfoot expects the new tax will bring in around $20 million a year to combat the massive $838 million deficit in the 2020 Chicago budget. City officials put it in perspective for the layman: the new bar and restaurant tax in Chicago will add roughly an extra 25 cents to a $100 restaurant tab.<\/p>\n<p>Illinois income tax remains a steady 4.95% in 2020, but other industries will see a slight hike. We already saw hints of a <a href=\"https:\/\/urbanmatter.com\/chicago\/illinois-lawmakers-hike-parking-garage-taxes-highest-nation\/\">parking tax<\/a> in the works back in July, but now it&#8217;s pretty much set in stone. The state&#8217;s first tax on parking is set at 6% of the price of hourly, daily or weekly parking and 9% for any monthly or annual rented parking space.<\/p>\n<p>Anyone who owns a vehicle is also seeing a registration increase to $50 in 2020, meaning it will cost $148 for a license plate sticker. Electric vehicle owners aren&#8217;t catching a break either: you&#8217;ll be charged an extra $100 in lieu of motor fuel tax payments.<\/p>\n<p>&nbsp;<\/p>\n<p>At UrbanMatter, U Matter. And we think this matters.<\/p>\n<p><span style=\"font-weight: 400;\">Tell us what you think matters in your neighborhood and what we should write about next in the comments below!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><center><a class=\"vc_general vc_btn3 vc_btn3-size-md vc_btn3-shape-square vc_btn3-style-flat vc_btn3-block vc_btn3-color-warning\" title=\"\" href=\"\/chicago\/read-more\/\">READ MORE LIKE THIS<\/a><\/center><center><a class=\"vc_general vc_btn3 vc_btn3-size-md vc_btn3-shape-square vc_btn3-style-flat vc_btn3-block vc_btn3-color-primary\" title=\"\" href=\"\/app\/\">DOWNLOAD THE URBANMATTER APP<\/a><\/center><center><a class=\"vc_general vc_btn3 vc_btn3-size-md vc_btn3-shape-square vc_btn3-style-flat vc_btn3-block vc_btn3-color-success\" title=\"\" href=\"https:\/\/www.iparkit.com\/chicago?utm_source=urbanmatter&amp;utm_medium=adfill&amp;utm_campaign=backlinks\" target=\"_blank\" rel=\"noopener noreferrer\">FIND PARKING<\/a><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago bars and restaurants are getting more expensive in 2020. Mayor Lori Lightfoot&#8217;s 2020 budget for Chicago was just approved by aldermen, which included a doubling of tax&hellip;<\/p>\n","protected":false},"author":2279,"featured_media":59874,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1553,1554,6],"tags":[],"class_list":["post-59872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-category-bars","category-category-news","category-category-restaurants"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chicago Doubles Taxes on Food and Drinks at Bars and Restaurants in 2020 | UrbanMatter<\/title>\n<meta name=\"description\" content=\"Tax on drinks and food from restaurants or bars in Chicago will rise from 0.25% tax to 0.5% in 2020, making the Windy City an expensive place to 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