Potential pros and cons of Mayor’s Johnson’s corporate head tax to fund community safety

LISTEN: Mayor Johnson’s proposed 2026 budget needs to fill a $1.15 billion deficit. The corporate head tax would raise an estimated $100 million annually to fund community safety and violence interruption, but some business leaders say it’s a “job killer.”

In the Loop gets different local viewpoints on the corporate head tax. GUESTS:

• Sam Toia, president and CEO, Illinois Restaurant Association
• Ralph Martire, executive director, Center for Tax and Budget Accountability
• Julie Dworkin, co-executive director, Institute for the Public Good