Gonna dress as the cost of large companies buying their employees lunch once a month for Halloween, because apparently the prospect of asking them to pay that amount to the city to make sure our neighbors are safe is the scariest thing ever.
The wealthiest Chicagoans donât want to pay their fair share and will claim their trickle down economics work for allââspoiler they donât and havenât
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
The resonant message of Mayor Johnsonâs budget address is: If you live in Chicago, progressives are giving you more reasons to leave. If you donât live in Chicago, donât come here.
For businesses, Johnsonâs message is even more menacing: We intend to tax you out of the city or out of existence.
In sum, the mayor is proposing to close a $1.16 billion budget deficit almost entirely by raising taxes and fees $586 million, and declaring dividing up nearly $1 billion in one-time TIF surplus, 0ver $500 million will be turned over to the schools.
When not using progressive vernacular to trumpet this disastrous budget as a victory for the working class, the mayor railed against corporations and the wealthy and employed timeworn soak-the-rich verbiage.
In other ill-advised proposals certain to fetter the cityâs economy, Johnson revives the corporate âhead tax,â and submitted tax increases on âcloud-basedâ services, social media and a crushing congestion tax.
A lazy budget, Johnsonâs proposed âcutsâ consist of $200 million in a budget that has grown 66% since 2019 and forces CPD to shear $98 million. So much for a âpublic safetyâ plan.
Johnsonâs budget does nothing to address the cityâs financial crisis. It just kicks the can down the road to what will likely be a comparable budget deficit next year.
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.
Nobody moves 2 Chicago & then decides to follow their job to the suburbs or out of Chicago. The amenities are in the city not in the cornfields. No matter how many times you want to use this line, whatâs clear is that @susanamendoza10 has picked a side. It aint with the people.
So @ChicagosMayor has had all year to think through his budget proposal and THIS is his plan? Drive job creators out of Chicago and increase unemployment? This tax was a bad idea when it was $4. $21 is beyond punitive. đ€Šđ»ââïž We need to attract job growth, not detract it.
I spoke at city hall today about the historic opportunity we have to reverse Trump's massive transfer of wealth from working families to billionaires and pass a truly just budget that allows people to live full thriving lives.
Full comments here:
https://t.co/uT02RtdfF9
JUST IN: Mayor Brandon Johnson Thursday delivered on his promise to âchallenge the ultra-richâ and make corporations pay their fair share, proposing a $16.6 billion budget for 2026.
https://t.co/aPaiIFD8l1
what has made us less safe in chicago? economic abandonment along lines of race/class. closed schools. closed mental health clinics.
what helps? jobs, investment, clinics & rebuilding from what rahm did as mayor
before Trump cuts, there were cuts by status quo Dems
You donât even go here.
Public safety is investing in youth, childcare, housing, health care and all the things our communities need.
Why donât you go talk to your friend Michael Sachs about paying what he owes us!!
President Trump sending 500 National Guards to Chicago is not bringing public safety to our streets. Neither is defunding the police. These are false choices. Both are wrong. Neither offers a comprehensive or sustained path to public safety.
Real safety is about putting more officers on the street, practicing community policing, keeping kids safe, taking guns and gangs off the street, and investing in long-term community partnerships.
Itâs time to move past our broken politics. Americans deserve better.
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 Trumpâs corp handouts
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
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.
A fraction of all the cuts corporations are getting at the federal level. How long are corporations going to keep getting hand outs? Time to pay what you owe!
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.
The Chicago business community is responsible for school closures, charter proliferation, and TIF theft from CPS. Of course they want to âweigh inâ once again.