Alderman calls for repeal of Mayor Lightfoot’s inflation-tied property tax increases – Chicago Tribune/MSN

An ordinance introduced by Ald. Brendan Reilly, who represents the Loop, the Magnificent Mile, River North and other Chicago areas hardest hit by property taxes thanks to their big commercial properties and expensive residences, simply states the inflationary property tax policy passed by Lightfoot as part of her 2021 budget “is hereby repealed in its entirety.”