More than half of Illinois voters and one-third of Chicago voters said high taxes were their No. 1 concern. Despite that, Springfield and Chicago politicians both are hiking taxes again to spend more.

Chicago Tax Increment Finance “surpluses” have increased more than ninefold in the past decade.

Chicago’s budget has grown much faster than inflation, leaving taxpayers to endure higher costs without receiving better services. Implementing a spending cap linked to inflation could have kept costs under control, helping prevent future deficits

Microsoft, Salesforce, ChatGPT, Amazon Web Services and Zoom would all come with higher prices under Chicago Mayor Brandon Johnson’s cloud tax.

Chicago Mayor Brandon Johnson describes the 2026 budget as “Protecting Chicago,” but his plan seems to do the opposite. Taxes on Artificial Intelligence, Uber rides and companies with 100+ employees are the biggest revenue sources.

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 proposed a $21-per-employee monthly tax on large companies to help fill a nearly $1.2 billion shortfall. Business leaders and even a former mayor say the “head tax” could kill job creation and new investment.

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.