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.
A new Illinois Policy Institute analysis finds that adults with no spouse and living with children are most likely to live below the poverty line. Education matters just as much.