Johnson’s “Protecting Chicago” budget proposes nearly $500M in tax hikes

Johnson's "Protecting Chicago" Budget

Chicago Mayor Brandon Johnson's 2026 budget, dubbed "Protecting Chicago," proposes nearly $500 million in tax hikes to cover a $1.15 billion deficit.

The budget includes taxes on Artificial Intelligence, Uber rides, and companies with over 100 employees as major revenue sources.

Illinois' comeback story starts here.

Author's summary: Johnson's budget proposes tax hikes to cover deficit.

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Illinois Policy Illinois Policy — 2025-10-27

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