Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
CPA Practice
NOVEMBER 14, 2024
By Jake Sheridan Chicago Tribune (TNS) The Chicago City Council emphatically voted down Mayor Brandon Johnson’s plan to hike property taxes by $300 million Thursday, creating a yawning hole in the city’s 2025 budget that must now be closed. Aldermen swiftly coalesced around rejecting Johnson’s tax hike after it was introduced.
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