Chicago Mayor Brandon Johnson wanted a $300 million property tax hike for his big budget. All 50 aldermen said “no.” So then he asked for $150 million and a 35% tax on liquor. Johnson fails to admit it’s not about taxes, it’s about making changes.
All 50 Chicago aldermen told Mayor Brandon Johnson he couldn’t have his $300 million property tax hike, so he asked for $150 million in property taxes, $128 million in cloud computing taxes, $10 million in streaming service taxes and $10.6 million from a 35% hike in liquor taxes.
Maybe Johnson should recognize “no” to $300 million in new taxes means “no” to $300 million in new taxes. Instead of asking for it a different way, he needs to stabilize Chicago’s finances by backing pension reform, cutting non-essential spending from his $17.3 billion budget and auditing departments for cuts. He needs to safeguard public safety and stop the financial games that deny Chicago long-lasting fiscal stability…. Read More Here!