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Reading: Tariffs Are Costing City, I Want to Raise Taxes
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Stay Current on Political News—The US Future > Blog > USA > Tariffs Are Costing City, I Want to Raise Taxes
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Tariffs Are Costing City, I Want to Raise Taxes

Sophia Martin
Sophia Martin
Published April 25, 2025
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Duration An interview with WVON on Thursday, Chicago Mayor Brandon Johnson said that “market fluctuations and Trump’s rates” have resulted in mass losses for the city “only because of uncertainty and chaos.” And he also declared that the scarce of hobbies increased taxes by imposing a financial transaction tax and expressed their opening to a corporate tax at the head and declared that these things, along with many other ideas, would be well “the burden on the people that Donald Trump is trying to protect.”

While discussing the city budget, [relevant remarks begin around 5:35] Johnson said the budget has mainly

Later, [relevant remarks begin around 22:20] Johnson said: “[T]Hat is something that supports, a progressive income tax, a financial transaction tax, there is a corporate tax at the head, there [are] Many things we can do that [place] The load on the same people as Donald Trump is trying to protect. “

Continue Ian Hanchett on Twitter @Ianhanchett

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