Democratic Chicago Goes on Life Support With Massive Tax Increases | www.independentsentinel.com: Former Mayor Richard J. Daley named Chicago The City That Works. It didn’t work then and it sure doesn’t work now. It’s another Democratic city on life support but Rahm Emanuel has a partial solution – massive tax increases.
The Chicago Sun-Times reported that Rahm Emanuel is planning to raise property taxes by $500 million for police and fire pensions. That’s a 60% increase in property tax levies and there is more – from fat taxes to garbage collection fees.
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