As City Hall budget hearings got underway Tuesday, Gov. JB Pritzker slammed Mayor Brandon Johnson’s proposal to revive the corporate head tax on big companies that operate in Chicago.
“I am absolutely, four-square opposed to a head tax for the city of Chicago,” the Democratic governor said to applause during a lunchtime appearance before members of the Economic Club of Chicago. “It penalizes the very thing that we want, which is, we want more employment in the city of Chicago. And it makes it very hard to attract companies from outside of Chicago to come into Chicago, and harder for companies that are in Chicago to stay.”
To help cover a $1.15 billion budget shortfall, Johnson’s proposed 2026 budget banks on $100 million from reviving the head tax that was phased out by former Mayor Rahm