Chicago Voters Reject Mansion Tax in Blow to Mayor Johnson
Posted on AllSides March 22nd, 2024
From The Left
Chicago voters rejected Mayor Brandon Johnson’s plan to increase taxes on real estate transactions of $1 million or more, dealing a blow to the first-term Democrat’s progressive agenda.
About 53% of voters opposed the referendum, according to the Chicago Board of Elections. The measure would have allowed the city council to increase transfer levies on upmarket residential and commercial property sales.
Some content from this outlet may be limited or behind a paywall.
