Del Mar on Johnson's tax plan amid $1.2B crisis: ‘Mayor Johnson is offering is a roadmap to economic ruin’

Chicago mayor recycles failed tax idea to fix $1.12B deficit – Illinois Policy

Chicago had a similar head tax from 1973-2014, which penalized companies for doing the very thing the economy needs: creating jobs. The tax made hiring more expensive for companies trying to grow. Recognizing the damage, former Mayor Rahm Emanuel made it a centerpiece of his campaign in 2011 to eliminate the head tax entirely. By 2012, the tax was reduced to $2 per employee and completely repealed by 2014. At the time, Emanuel called it “a job k…

Del Mar on Johnson's tax plan amid $1.2B crisis: ‘Mayor Johnson is offering is a roadmap to economic ruin’

Cook County GOP Chairman Aaron Del Mar says Mayor Brandon Johnson’s newly unveiled tax proposals—including a corporate head tax, payroll excise tax and various fee increases—are "antibusiness," "reckless," and threaten Chicago’s "economic foundation."“Major corporations like Boeing, Caterpillar, and Citadel didn’t just walk away—they fled a city crippled by decades of Democratic mismanagement and hostile, anti-business policies that Johnson is n…