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Chicago Mayor Brandon Johnson reaffirmed he is not planning to propose a tax increase in this year’s budget proposal. Instead he is considering several "tax-the-rich" options.

Mayor Johnson considering corporate head tax to help balance Chicago budget The mayor is facing a budget deficit of over $1 billion, and he has ruled out raising property taxes.

Mayor Brandon Johnson said he is not planning to propose a property tax increase in this year's budget.

Mayor Brandon Johnson said he is not planning to propose a property tax increase in this year's budget.

Days after the city's CFO said a property tax increase was "likely" to be in Johnson's proposal, the mayor distanced himself from the claim.