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Mayor Johnson Proposes New Taxes to Fund City Budget and Avoid Layoffs

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Source: Chicago Sun-Times
Mayor Johnson Proposes New Taxes to Fund City Budget and Avoid Layoffs
Photo: Chicago Sun-Times
TL;DR

Mayor Brandon Johnson proposes a $16.6 billion budget for 2026, featuring increased taxes on corporations, social media companies, and cloud computing to address a budget shortfall and fund community safety programs, while facing opposition from business leaders and concerns about economic impact.

Topics:nationlocal-government#chicago-budget#corporate-head-tax#local-government#public-safety-funding#social-media-tax#tax-proposals
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  1. Mayor Johnson’s $16.6B budget would revive corporate head tax, tax social media companies  Chicago Sun-Times
  2. Mayor Revives Head Tax, Adds Social Media Fee To Avoid Property Tax Hike Under Proposed 2026 Budget  Block Club Chicago
  3. Chicago Mayor Brandon Johnson proposes social media tax in 2026 budget to City Council at meeting Thursday  ABC7 Chicago
  4. Mayor Brandon Johnson Calls for $617M in New Taxes to Close Budget Gap, Avoid Layoffs  WTTW
  5. CPS gets $522M boost from Mayor Brandon Johnson’s budget proposal  Chicago Tribune

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