Gov. J.B. Pritzker told the Chicago Economic Club Oct. 21 that he absolutely opposes Mayor Brandon Johnson’s plan to revive the corporate “head tax” as part of his new budget proposal.
Chicago Mayor Brandon Johnson’s 2026 budget proposal includes a per-user tax on social media companies and a per-employee fee on businesses. The proposal does not include a property tax hike and supports the elimination of the grocery tax.
As food costs soar, Mayor Brandon Johnson wants to keep hurting Chicago’s working families with a grocery tax. He faces a $1.12 billion deficit that a $73 million grocery tax won’t budge.
As Chicago faces a major deficit for fiscal year 2026, Mayor Brandon Johnson is considering resurrecting a failed idea that punishes job creation: the corporate head tax.
Chicago Mayor Brandon Johnson likes to parrot platitudes about taxing the rich to fix the city, CTA and Chicago Public Schools finances. But all three made bad decisions and did not adjust to post-pandemic realities. And the rich can move away.
Deep-blue Illinois had President Biden to bail out the state’s and Chicago’s financial failings. Now city and state leaders have President Trump to blame for their financial failings. Eventually, taxpayers will be held responsible.
Mayor Brandon Johnson celebrated Dyett High School where only 2% of tested students can read at grade level – and none can do math at grade level – as a “great example” of a schooling model the Chicago Teachers Union’s tentative contract plans to boost.
Chicago Mayor Brandon Johnson claims racism is behind his inability to lead and help the Black community. But his policies on crime, taxes, migrants, education and jobs are the real villains.
Mayor Brandon Johnson asked to borrow $830 million one day after the city’s credit rating dipping to near-junk status. He would have broad discretion over how to spend the money – including on his friends at the Chicago Teachers Union.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.