6 Tax Proposals from the 3rd Largest City.
Mayor Emanual is proposing the following tax increases on Chicagoans:
- A property-tax hike reaching $543 million over four years
- $45 million in property taxes to pay for capital projects at Chicago Public Schools, or CPS
- $62 million from a new garbage-collection fee
- $60 million from new fees on taxis and ridesharing services, such as Uber and Lyft
- $13 million from higher building-permit fees
- $1 million from a tax on e-cigarettes
Americans for Tax Reform call it the largest tax increase in the city’s history.