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Chicago business leaders push back against mayor's revived head tax proposal

Under the plan, a company with 500 employees would pay $150,000 per year - a cost Johnson described as "a drop in their ocean of resources." Chicago Mayor Brandon Johnson is facing renewed opposition to his proposed corporate head tax proposal from the Chicago business community. The new version of the tax, named the "Equitable Employers Tax," would require large corporations with more than 125 full-time employees to pay $25 per month per worker. Johnson's office maintains that the tax would impact only 2.8% of businesses operating in the city. However, restaurant groups with large downtown operations worry it could lead to relocation or decrease workforce in the central business district. Jack Lavin, president of the Chicagoland Chamber of Commerce, plans to oppose the measure. Johnson defended the proposal, calling it part of a broader effort to make prosperity more equitable.

Chicago business leaders push back against mayor's revived head tax proposal

Được phát hành : 8 giờ trước qua Craig Wall trong Business Politics

Johnson is facing renewed opposition to his proposed corporate head tax from the Chicago business community.

Johnson is facing renewed opposition to his proposed corporate head tax from the Chicago b... [3046 symbols]

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