Joel Weisman and his panel of guests discuss the guilty plea of Dennis Hastert in a mysterious hush-money case, reports of a federal investigation surrounding Cook County Court Clerk Dorothy Brown, the mayor's budget that sailed through City Council, and other top stories of the week.
chicago property tax
Mayor: ‘We have to right our financial ship’
Mayor Rahm Emanuel on Tuesday unveiled his proposed 2016 budget. Included is a $543 million property tax increase that would be phased in, beginning with a $318 million hike this year. Fees on garbage collection and ride-sharing services – including taxis – and a new tax on e-cigarettes aim to plug the city's budget hole.
Mayor Rahm Emanuel will soon unveil his 2016 budget, which is reported to include a $500 million property tax increase. A panel of aldermen reacts to the proposal – which the mayor says isn't enough to cover Chicago's budget woes – and discusses other ideas for possible city revenue streams.
Since news leaked last week that Mayor Rahm Emanuel is considering a record high property tax increase of $500 million, the mayor says he’s confident the City Council will stand with him and his plan to overcome the city’s massive financial hurdles. Tonight we’ll ask aldermen to sound off on the property tax increase and other tax proposals.