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Mayor Johnson Offers New Ideas To Scare Away Businesses

Summary by atr.org
Chicago has struggled with balancing their budget for years. Politicians have tried a range of taxes to help plug the holes in excessive spending, but no tax has been sufficient to solve this problem. After the Illinois legislature previously rejected a proposal to tax food delivery and rideshare services, Mayor Brandon Johnson is looking to “tax the rich” to find more money to spend.   The mayor recently proposed reinstating Chicago’s “head tax…

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WirePoints Illinois Financial News broke the news in on Thursday, July 31, 2025.
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