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Podcast: News For Reasonable People
Episode: Mayor Johnson Revives Corporate Head Tax to Fix $1.1B Budget Gap
Description: Chicago Mayor Brandon Johnson is floating a controversial plan to bring back the corporate head tax to help close a massive $1.1 billion budget deficit for 2026. The proposed $4-per-employee monthly tax targets large corporations and is part of a broader push for progressive revenue options—including a digital ad tax and potential corporate income tax.