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It was previously this high (10.25%), however, it was reduced when Cook County lowered its sales tax by 0.5% in July 2010, another 0.25% in January 2012, and another 0.25% in January 2013. [109] Chicago charges a 2.25% food tax on regular groceries and drug purchases, and has an additional 3% soft drink tax (totaling 13.25%).
The state sales tax rate is 6.25 percent, [261] [263] but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2 percent for a total maximum combined rate of 8.25 percent.
In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP. [1] U.S. tax and transfer policies are progressive and therefore reduce effective income inequality, as rates of tax generally increase as taxable income increases.
The Final Rule sets the standard salary level at the 40th percentile of weekly earnings of full-time salaried workers in the lowest-wage Census Region, currently the South ($913 per week, equivalent to $47,476 per year for a full-year worker). [33] [34]
Over the past 25 years, the population of non-Hispanic whites has declined, while Hispanic and Asian populations have grown. Between 1970 and 2011, non-Hispanic whites declined from 80% of the state's population to 40%, while Hispanics grew from 32% in 2000 to 38% in 2011. [ 224 ]
In the Trump 2020 campaign's first two years (2017 and 2018), it paid more than $890,000 in rent for space in Trump Tower, [451] [452] while the Republican National Committee paid $225,000. [452] As of October 2020, the campaign's committees had directed more than $17.9 million of campaign donor money to Trump properties, while the Republican ...
Steam Coupons, which was introduced in December 2011, provides single-use coupons that provide a discount to the cost of items. Steam Coupons can be provided to users by developers and publishers; users can trade these coupons between friends in a similar fashion to gifts and in-game items. [ 83 ]
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