The Chicago City Council is asking voters on the March 2024 ballot to approve or reject a tax increase on the sale of $1 million properties. The move will mainly hit commercial properties, adding to Chicago’s anti-business reputation.

Chicago Mayor Brandon Johnson delivered a budget that does little to improve the city or advance his many progressive initiatives. Here’s what it does, and what Chicagoans should be asking city leaders about what it could be.

Gov. J.B. Pritzker said he would oppose a financial transaction tax that Chicago Mayor Brandon Johnson wants as part of his plan for $800 million in new taxes.

Chicago Mayor Brandon Johnson presented his first budget to other city leaders on Oct. 11. While he kept his promise not to raise property taxes, there are other fiscal challenges that will hit taxpayers hard in the future and need to be addressed now.

Pension contributions and debt service now take up 40% of Chicago’s city’s budget.