Chicago Mayor Brandon Johnson proposes new employee tax amidst $1B deficit

Name: Chicago Mayor Brandon Johnson proposes new employee tax amidst $1B deficit
Uploaded: 2025-10-17T19:02:32Z
Duration: 39 s
Description: Chicago Mayor Brandon Johnson addresses the city's budget deficit, stating that large corporations will be asked to contribute more to investments. A Fox Business report highlights his proposal for a corporate tax, previously dubbed a 'job killer,' which includes a $21 per employee head tax, raising concerns about its potential economic impact on Chicago.

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Chicago Mayor Brandon Johnson addresses the city's budget deficit, stating that large corporations will be asked to contribute more to investments. A Fox Business report highlights his proposal for a corporate tax, previously dubbed a 'job killer,' which includes a $21 per employee head tax, raising concerns about its potential economic impact on Chicago.