Chicago Teachers Union lobbyist and mayoral candidate Brandon Johnson unveiled his ‘tax-the-rich’ revenue plan, including $800 million in new taxes on suburbanites and those who come to the city to work or play.
Mayoral challenger Brandon Johnson Jan. 23 introduced his “tax-the-rich” revenue plan for the city of Chicago, calling for $800 million in new taxes on those who come from the suburbs and elsewhere to work and play, or those in the city he deems “wealthy” that the details of his plan show are actually middle-class workers.
Johnson proposes reinstating the $4-per-month employee “head tax” on large Chicago businesses, imposing $100 million in new user fees for areas “frequented by the wealthy, suburbanites, tourists and business travelers,” and raising the real-estate transfer and financial transactions taxes for a combined $200 million.
“The suburban tax base utilizes Chicago’s infrastructure to earn their disproportionately higher income, yet their taxes fund already wealthy towns,” the plan states. “A Metra ‘city surcharge’ will raise $40 million from the suburbs.”
The Chicago Teachers Union organizer and avowed Socialist said his plan would also increase the Chicago hotel tax – which is already the highest in the nation – to generate an additional $30 million. He wants to make “the big airlines pay for polluting the air” in Chicago neighborhoods to the tune of $98 million.
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