https://www.chicagobusiness.com/gove...-will-cost-you
So, as someone who has been on the fence between going digital nomad abroad after this is done, or maybe moving to Chicago to work remotely for my company (and future jobs), I find this news to be pretty disturbing.
At what point is the city going to realize they can't keep raising taxes on everyone to fill a hole caused by a subset of the population (speaking of pension problems)? If this tax hike was going to help fill a hole caused by covid, along with projects and initiatives to that benefited the entire city, I would be ok with it.
Also, the automatic raises tied to inflation is also disturbing to see just fly through the city council. This essentially means that even if consumer prices around the country go up, while real estate in Chicago stays stagnant, one's taxes here will still go up.
I really hope the city realizes that every time something like this occurs, more people are pushed off a fence of either staying in Chicago, or moving to Chicago. Same goes for business owners who might have been on the margin as it is.