Chicagoans last month rejected a hefty real estate tax hike meant to fund assistance for the city's 68,000 homeless people, dealing a blow to Mayor Brandon Johnson's progressive economic agenda.
Fifty-two percent of voters said no to a March 19 referendum that sought to increase the transfer tax on properties over $1 million, claiming that such a move would "generate at least $100 million every single year, and be legally dedicated to programs that alleviate homelessness, including assistance for children, veterans, and those fleeing gender-based violence."
