Chicago Mayor Brandon Johnson has cut his $300 million property tax proposal in half while lecturing his City Council detractors to “grow up” in their negotiations on the municipal budget.
CBS News reported Johnson’s initial $300 million proposal was rejected by the City Council in a 50-0 vote, hence the reconfiguring of his plan into a $150 million property tax hike.
“We presented a structure and a package that reduces the property tax by $150 million,” Johnson said during a press conference, where he took some council members to task for refusing to consider any tax hike. “Some of the steps and measures that are being taken, these are some individuals that are having tantrums right now. It’s time to grow up. The people of Chicago don’t have time for that.”
Johnson needs 26 votes to pass a budget plan, and Chicago faces a Dec. 31 deadline for the City Council to approve a 2025 budget plan. The mayor raised the possibility of a $128 million increase in the personal property lease tax on cloud computing services and an increase on the city tax for streaming services from 9% to 10.25% as areas for closing the city’s $1 billion budget gap.
“There are a variety of ideas that are coming in; too many to name,” he said.
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Yes the internet, wireless, streaming services will be our downfall. It costs too much as you can see in this article. There’s not enough power to support this so the infrastructure charges are going up,up,up with the pull on the electric grid. No end in sight. Nuclear power is that the answer? That’s what they want.
Hahahaha. Silly.
Nuclear power is the most affordable answer for boosting the power necessary to run a modern economy… if we don’t do it others around the world will… putting us at a strategic disadvantage.
Until solar, geothermal,wind technology dramatically improves nuclear is by far the best option
I agree that nuclear is one solution. Unfortunately, it would probably take 20 years to get one up and running. So back to the real question about the tax increases…
How about this incompetent mayor grows up and resigns. The people of Chicago need to grow up and stop electing these scum. Tax and Steal. That’s what they do.
When your outflow is higher than your income – then your upkeep will be your downfall.