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  • CHICAGO FANS MAY FIND NOTHING AMUSING ABOUT THIS TAX

         Chicago Mayor Richard Daley is looking at a possible
    increase in the city's amusement tax to raise nearly $20M in new
    tax and fee revenues.  The 1/3 rise from 6% to 8% of the
    amusement tax would apply mostly to sporting events and would
    "raise nearly $5-$6M additional revenue annually."  The money
    would offset tax breaks for business in the '95 budget and help
    pay for economic development and crime control.  The amusement
    tax is "hidden in the price of entertainment events," and the
    proposed increases are expected to be included in the '95 city
    budget scheduled to be presented to the City Council this week
    (Steven Strahler, CRAIN'S CHICAGO BUSINESS, 10/16 issue).
    

    Print | Tags: Law and Politics
  • VOTERS BARK ALONG WITH SEN. KOHL ON BIG DOG'S DEMANDS

         Bucks Owner Herb Kohl, currently running for re-election to
    the Senate, is "far from hurting" politically for the team's
    failure to sign Glenn Robinson.  In fact, he is receiving praise
    on the campaign trail for holding the line on Robinson's contract
    demand.  Kohl: "Everywhere I go, people talk about it.  $100
    million!  That number just blows everyone's mind."  Robinson is
    reportedly seeking a 13-year $100M contract, while the Bucks'
    offer is closer to $60M.  But Kohl, who leads in the polls,
    "denies there is any politics involved in his handling of the
    talks": "If they thought I was monkeying around with Robinson to
    influence the election, the people at the Bucks would kill me."
    But the MILWAUKEE JOURNAL's Craig Gilbert notes, "At the same
    time, it certainly isn't hurting (MILWAUKEE JOURNAL, 10/18).
    

    Print | Tags: Law and Politics, Milwaukee Bucks
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