Chicago alders must decide: should we tax your neighbors, or should we tax google. Julie breaks down the choices and why it’s time to look to Google, Amazon, and Home Depot to start contributing to community safety in this city.
If you’re trying to decipher whether the Mayor’s proposed budget taxes the rich and lifts up working families, here’s one clue: @GregHinz scathing takedown of it. Definitely means it’s good for me and you.
TL;DR - my name is Paul Vallas and if i was mayor, i would collaborate with ICE, welcome in Trump, and tax both your garbage can and your groceries before asking large corporations to contribute even $1 to this city.
FULL STORY: Chicago's mayor called Thursday for more than $617M in new taxes on the wealthiest Chicagoans & largest firms in order to blunt cuts imposed by the Trump administration while avoiding drastic cuts in city services & thousands of layoffs. @wttw https://t.co/R8MdibTg5f
Press conferences are not enough to respond to Trumps’s cuts. We must respond with taxes on corporations to protect vital services. The proposed city budget does just that.
Chicago will be the first city to tax big social media companies that harm our young people’s mental health in order to fund public mental health care.
Corporations are receiving record tax breaks and can afford to protect our vital city services, but apparently we should raise property taxes on working families
BREAKING: Chicago Mayor Brandon Johnson will propose a new "head tax" of $21 per employee per month. The tax would apply to all companies employing over 100 people in Chicago and rise automatically with inflation.
Long criticized as a "job killer," Chicago's previous head tax reached a high of $4 per month in 40 years of existence. It was fully repealed in 2014.
Johnson is branding the head tax as a "Community Safety Surcharge." Typically, residents expect their property tax bills to fund community safety. But Chicago's property tax levy is consumed almost entirely by pension costs.
In 2011 Rahm axed the corporate head tax to move money from the pockets of working people to the bank accounts of his rich buddies. Trump's billionaire tax breaks take that model to the extreme.
Chicago now has an opportunity to reverse that and make a real budget for the people
while trump gave corporations hundreds of billions in tax breaks - of which none went to working people - this mayor is turning the page on corporate welfare in this city. time for corporations to start paying even a fraction of Trump’s corp handouts
Trump is stealing money from your pockets and giving it out as corporate welfare. We have the chance to get it back. But only if we all get really loud and say we want it.
Mayor Brandon Johnson will propose reviving a corporate head tax when he delivers a 2026 budget plan on Thursday he hopes can rally his progressive supporters while closing a $1.15B shortfall.