{
Carlos Ramirez-Rosa

People

}
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001122334455554433221100

chicago city council rejects mayor's property tax increase proposal

The Chicago City Council unanimously rejected Mayor Brandon Johnson's $300 million property tax hike aimed at closing a nearly $1 billion budget gap for next year. All 50 aldermen opposed the increase, citing rising home valuations and the need to protect city services. Johnson now faces the challenge of balancing the budget without raising property taxes, emphasizing the need for the wealthy and corporations to contribute fairly.
bloomberg.com
Bloomberg USA Brandon Johnson Carlos Ramirez-Rosa Scott Waguespack Show more
Finance & Economy, News Article
22:48 14.11.2024
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