Chicago mayoral challenger Brandon Johnson wants to “make the suburbs, airlines & ultra-rich pay their fair share” to generate generate “$800 million in new revenue.”
A new voter opinion survey shows where Chicago's mayoral candidates stand.Mayoral challenger Brandon Johnson on Monday unveiled a tax-the-rich plan to bankroll $1 billion in new spending on everything from public safety, public schools and public transportation to new housing, health care and job creation.
Johnson’s plan embraces those ideas and adds a few of his own in order to freeze property taxes on Chicago homeowners and cancel the automatic escalator imposed by Mayor Lori Lightfoot. The escalator locks in annual property tax increases at the inflation rate."Our city faces a housing crisis and raising property taxes would only exacerbate that crisis, leading to a death spiral for our city," Johnson’s financial plan states.
"The suburban tax base utilizes Chicago’s infrastructure to earn their disproportionately higher income, yet their taxes fund already wealthy towns. A Metra "city surcharge" will raise $40 million from the suburbs," his plan states, without saying precisely how the commuter tax would be imposed or at what level.
Getting serious about selling what he calls"Chicago’s world-class water" and exploring the idea of "expanding" the city’s health care plan for public employees to"neighboring municipalities."
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