Chicago Budget Talks Intensify as Mayor Floats Changes to Corporate Head Tax Revival

Pritzker, alders oppose Chicago tax plans, property tax hike could be next

(The Center Square) – As the Chicago City Council considers 2026 budget measures, Mayor Brandon Johnson’s proposed tax hikes continue to draw disapproval from a wide range of critics.

Mayor Johnson offers concessions to salvage his budget, but City Council support still in doubt

Mayor Brandon Johnson is offering a series of concessions in hopes of salvaging his proposed $16.6 billion budget, but it’s unclear whether the changes he has made will get him to the 26 votes needed for City Council passage.Facing fierce opposition from Gov. JB Pritzker and business leaders, Johnson has offered to impose a $21 a month per-employee head tax only on businesses with 200 or more employees instead of on companies with at least 100 e…

Chicago budget talks intensify as mayor floats changes to corporate head tax revival

Mayor Brandon Johnson is proposing a corporate head tax and an increase in the personal property lease transaction tax to close a projected $1.19 billion budget shortfall, while some aldermen are pushing for more discussion and efficiencies.

Chicago Mayor Brandon Johnson floating change to head tax proposal, sources say – Chicago Tribune/Yahoo

The mayor’s team this week has begun asking some members of the City Council if they would support the $21-per-employee-per-month tax if it applied only to the larger companies, according to three sources familiar with budget discussions. Johnson wants the enact the head tax on the smaller companies as well, but he is struggling to convince 26 out of 50 aldermen to vote for that.

Chicago Mayor Floating Change to Head Tax Proposal, Sources Say

Mayor Brandon Johnson’s team has been floating a change to his corporate head tax proposal that would increase the minimum size of companies affected from 100 to 200 employees.