Committeeman Says Corporate Head Tax Would Cost Chicago Jobs

Committeeman says corporate head tax would cost Chicago jobs - Washington Examiner

(The Center Square) – Chicago Mayor Brandon Johnson says a corporate head tax would not be a job killer, but Republicans in the city disagree. At a media availability this week, the mayor said a tax a corporate head tax is on the table and insisted it would not be a job killer. “When corporate leaders come to me, you know the No. 1 issue they talk about? It’s safety. That’s what they talk about. They don’t talk about job killing. They don’t have…

Committeeman says corporate head tax would cost Chicago jobs

(The Center Square) – Chicago Mayor Brandon Johnson says a corporate head tax would not be a job killer, but Republicans in the city disagree.

Growth killer: Chicago’s potential corporate head tax. – Wirepoints

Mayor Brandon Johnson is considering reenacting the city’s corporate head tax. The mayor calls it an “option” as the city deals with multiple years of billion-dollar budget deficits. His constant arguments for more tax hikes is a growth killer for a city that’s already suffering a lack of jobs and growth.

Reviving the Corporate Head Tax: A Step Backward for Chicago’s Economic Growth - Chicagoland Chamber of Commerce

As Chicago faces a projected $1 billion budget deficit for 2026, Mayor Brandon Johnson has floated a range of revenue-generating proposals, including reviving a corporate head tax and introducing a new payroll expense tax targeting large employers. While the need to address the city’s fiscal challenges is undeniable, the Chicagoland Chamber of Commerce believes these proposals represent the wrong approach by undermining job creation, economic gr…