Taxing Parking for Transit in Chicago

Monday, November 7, 2011

(photo: Evil Vince Photography)

Mayor Emanuel’s proposed $2 congestion tax on downtown parking is facing stiff opposition from, you guessed it, the parking lobby. According to the Tribune, the Parking Industry Labor Management Committee is posting placards in member facilities and handing out flyers opposing the tax. The committee argues the tax will not improve traffic flow and could encourage businesses to relocate to the suburbs. Emanuel believes the tax will foster greater transit ridership and raise an estimated $28 million annually for CTA improvements. The $2 tax on parking at garages and lots in the Loop and River North will be added to the existing $3 tax that goes to the city’s general fund.

One Response to “Taxing Parking for Transit in Chicago”

  1. dgn'er says:

    I’m all for it.

    I am an architect, I think this is good planning. Major cities need to reduce congestion. I think taxing private transportation is a good idea.

    I’ll admit I live in NYC, but I support similar taxes here. I personally own two vehicles, but I still travel around the city mostly by subway.

    The problem which faces cities is having a reliable, and convenient public transportation system; which most cities have failed at miserably (there are even huge problems here in NYC). Cities have to provide a suitable alternative, otherwise people turn to driving themselves. Urban areas need to look at their traffic problem as a failure of their public transportation system.

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