Chicago property taxes and aldermanic pay hikes are tied to inflation. Now both issues are coming to a head. – Chicago Tribune/MSN

The nation’s nearly unprecedented spike in inflation has cast an unflattering spotlight on the mayor's signature move tying taxes annually to the consumer price index, while at the same time a huge 2023 inflation-linked aldermanic pay raise is placing City Council members she needs to approve her budget in a bit of a trick box.