Chicago mayor recycles failed tax idea to fix $1.12B deficit
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 Forward 2026: A pro-growth plan to end city budget deficits
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.
View Report