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Lollapalooza taxes bringing cash to Cook County

Wednesday, June 06, 2012
Crowds listen to music as the sun sets on Lollapalooza in Chicagos Grant Park on Sunday, Aug. 3, 2008. Lollapalooza organizers say the company does not market to a specific age range, but they always keep in mind that its getting a little older. (AP Photo/Russel A. Daniels)

Crowds listen to music as the sun sets on Lollapalooza in Chicago's Grant Park on Sunday, Aug. 3, 2008. Lollapalooza organizers say the company does not market to a specific age range, but they always keep in mind that it's getting a little older. (AP Photo/Russel A. Daniels)

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Cook County officials are singing a sweet tune thanks to early ticket sales of Lollapalooza.

So far, the county has collected an $160,000 in amusement tax receipts. That's because organizers of the lucrative music festival are now required to pay a series of city, county and state taxes they did not have to pay in years before.

A Cook County commissioner tells the Chicago Sun-Times she wants to take the revenue collected from the 3 day festival and put it in to a summer jobs program.

 

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