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Brandon Johnson reveals tax plan as Chicago mayor
The plan overall would freeze property taxes instead of steadily raising them as Mayor Lori Lightfoot has done, eliminate a structural deficit in the city budget and provide $250 million a year in new investments for public schools, affordable housing and public transit, said Johnson, a progressive candidate who’s been endorsed by the Chicago Teachers Union and United Working Families.
His plan closely resembles proposals that both of those groups have made in recent years.
Johnson, a Cook County commissioner from the West Side, specifically proposes:
• A surcharge on Metra fares paid by suburban residents that would garner $40 million a year. “The suburban tax base utilizes Chicago’s infrastructure to earn their…