They call it a “mansion tax” that can “Bring Chicago Home,” but those are false labels that hide a tax threat to the city’s economic health. There are better ways to create affordable housing and help homeless Chicagoans.

Two false labels are attached to Chicago Mayor Brandon Johnson’s push to tax high-dollar real estate sales. It’s not a “mansion tax.” It taxes mainly businesses. It won’t help “Bring Chicago Home.” It will fuel businesses moving out.

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 is continuing the mayoral tradition of giving the City Council and public too little time and too little information before a deficit city budget is passed. There’s little chance that will change soon, but it could be fixed.