Budget + Tax

Chicago mayor refuses to stop pushing $300M in tax hikes

Chicago mayor refuses to stop pushing $300M in tax hikes

Chicago Mayor Brandon Johnson wanted a $300 million property tax hike for his big budget. All 50 aldermen said “no.” So then he asked for $150 million and a 35% tax on liquor. Johnson fails to admit it’s not about taxes, it’s about making changes.

By Matheus Cosso

‘Millionaire tax’ being backed by Illinois voters

‘Millionaire tax’ being backed by Illinois voters

The “millionaire tax” was being OK’d by Illinois voters, with 60.3% voting “yes” on the advisory question about raising taxes on residents earning over $1 million a year to fund property tax relief. The problem is, millionaires would not be the only tax targets.

By Patrick Andriesen