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NEW: Chicago Teachers Union President Stacy Davis Gates says the union’s contract demands from Chicago Mayor Brandon Johnson will cost the city more than $50 billion. ⬇️ “$50 billion dollars and three cents…” “And so what?” “That’s audacity.” For context, total base tax receipts for the *state of Illinois* last year were $50.7 billion. That includes: All personal income tax ($23.7B) All corporate income tax ($5.8B) All sales tax ($10.4B) All other state sources ($3.6B) Transfers in (lottery, gaming, cannabis, etc.) ($3.2B) Federal sources (base) ($3.8B)