Chicago Mayor Revives Corporate Tax Once Dubbed ‘Job Killer’ (2)

Chicago Mayor Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.

The first-term Democrat on Thursday is proposing roughly $586.6 million in additional revenue from various types of companies and business activities. His plan would bring back a so-called head tax, which would levy $21 per employee per month on companies with at least 100 employees to raise $100 million to support community safety programs.

Companies that could end up paying more depending on how the proposals are ultimately structured include: Amazon ...