Bring Chicago Home hopes to help homeless services. But a similar move in Los Angeles has run into difficulties.
Good morning Chicago.
Earlier this year, Los Angeles raised its transfer tax on expensive real estate purchases, a move aimed at generating revenue to fund homeless services.
The measure, which includes commercial and residential properties, bears a striking resemblance to the “Bring Chicago Home” proposal that will be put to a citywide vote next March and has so far failed to fill Los Angeles’ coffers.
If Chicago voters approve Mayor Brandon Johnson’s request to raise the tax, which he hopes will happen By pumping more money into homelessness prevention, it would help fulfill campaign pledges to address the affordable housing crisis, ensure the wealthy pay more for city services, and give more power to grassroots organizations.
But critics worry that Bring Chicago Home may face the same pitfalls that Los Angeles suffered. They also fear that any tax increase would sabotage the recovery in the real estate market, which is suffering from high interest rates and an office market hampered by the pandemic.
Read the full story from the Tribune’s Brian J. Rogal.
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When Mayor Brandon Johnson presented his 2024 budget, he noted that the city has been balancing these spending plans for too long. on the backs of the workers and pledged to end the practice.
“A $95 city sticker or a $100 parking ticket burdens a family earning $30,000 a year versus a family earning $150,000 a year,” he said, and the city “has relied for too long on a tax structure that burdens us severely.” “. The population is low-income and relies heavily on property taxes, fees, fines and rates.
However, Johnson’s 2024 fiscal package is based on $46 million in additional fines and fees compared to this year, a 15% increase.
Former First Lady Rosalynn Carter, Jimmy Carter’s closest advisor during his first term as US president and after four decades of global humanitarian work, has died at the age of 96.
The Carter Center said she died on Sunday after suffering from dementia and suffering for several months from deteriorating health.
On November 20, 2013, Governor Pat Quinn signed legislation making Illinois the 16th state to legalize same-sex marriage at a ceremony at the University of Illinois at Chicago attended by thousands.
Ten years later, same-sex marriage has gained much greater acceptance across the country, with 71% of Americans believing same-sex marriage should be legal, according to a June Gallup poll. This compares to 53% of those surveyed by Gallup in 2013; Support for legalizing such unions has generally risen since 1996, when 27% of respondents favored same-sex marriage rights, according to Gallup.
The Farnsworth Group, the engineering and architecture firm appointed by Calumet City Mayor Thaddeus Jones to be the city engineer, plays an integral role in helping the city choose which companies should win publicly funded construction contracts.
But a months-long investigation into Calumet City’s spending habits showed that the company also wins a significant portion of engineering and architecture contracts, raising questions about possible conflicts of interest.
During the 40 years that Kate Schumacher has worked as a real estate agent, homebuyers have rarely compensated her directly. Instead, the seller picked up the tab.
However, this year, the Algonquin-based Baird & Warner agent said she has already closed two deals where the seller did not cover all of her compensation: 2.5% of the home’s sale price. Both of its clients had to make up a difference of 0.5%. One had $1,315 covered by the seller in closing costs, while the other paid Schumacher $3,575 in cash.
A recent report on the distribution of pollution and industry across Chicago could be a first step to addressing decades of discriminatory planning, zoning and land use policies in Chicago. But some residents on the South and West Sides say their communities are once again being ignored.
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Tribune critic Michael Phillips wrote that the literal French definition of “tour de force,” a noun of admiration often thrown around in English, translates as “achievement of strength.”
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