@chicagoist.bsky.social
Reposted
NEW: The mayor's proposed spending plan has been revised, again, to change the so-called head tax back to the original plan to levy it on all Chicago firms that have more than 100 full-time employees.
That would generate $100M; $82M for the "Community Safety Fund" and $18M for small business grants
That would generate $100M; $82M for the "Community Safety Fund" and $18M for small business grants
Mayor Brandon Johnson Reduces Corporate Tax Hike Proposal as Crucial Votes Loom
The current proposed budget would impose a monthly $21 per employee tax on companies with more than 200 employees to generate $82 million to fund violence prevention and youth employment programs.
news.wttw.com
November 17, 2025 at 5:35 PM
NEW: The mayor's proposed spending plan has been revised, again, to change the so-called head tax back to the original plan to levy it on all Chicago firms that have more than 100 full-time employees.
That would generate $100M; $82M for the "Community Safety Fund" and $18M for small business grants
That would generate $100M; $82M for the "Community Safety Fund" and $18M for small business grants