Breakdown of Chicago Mayor-elect Brandon Johnson’s proposed taxes – FOX32 (Chicago)

Johnson’s proposed $800 million in new taxes, including a new real estate transfer tax and a new tax on aviation fuel at the airports, need state or federal approval and can't be done by City Hall alone. Another consideration: millions of pre-pandemic tourists have not returned, nor have thousands of pre-pandemic jobs - a big reason Johnson’s proposed tax increase on hotels could face a fight in the city council.