Johnson's revived head tax plan meets swift pushback ahead of budget rollout
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CHICAGO (WLS) -- Mayor Brandon Johnson's renewed push for a corporate head tax and other business tax increases is already facing strong resistance from a large bloc of City Council members, setting up a contentious budget fight as the administration prepares to unveil its proposal on Wednesday. The plan, that sources say is being called the "Fair Share Budget," includes a corporate head tax of $25 per month per employee for companies with more than 125 fulltime workers - a measure the administration is calling the equitable employer tax. Businesses in socioeconomically disadvantaged areas, mainly on the South and West sides would receive rebates. ABC7 Chicago is now streaming 24/7. Click here to watchAld. Matt O'Shea, 19th Ward, said the proposal has no chance of advancing. "This budget proposal if it comes out tomorrow as it's been discussed today, it's dead on arrival," he said. Members of the Budget Accountability Coalition - the group of 29 alders who rejected a head tax last year - appear ready to do so again. Many council members say they are bracing for a difficult budget season. Ald. Marty Quinn, 13th Ward, criticized the head tax as harmful to economic expansion.
This article is an excerpt. To read the full content, visit the original source. ABC7 Chicago
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