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Chicago Mayoral Candidates Discuss Taxing Wealthy to Fix Budget

woes Chicago Mayoral Candidates Discuss Taxing Wealthy to Fix Budget

EnglishChicago mayoral hopefuls have debated potential solutions to the city’s budget crisis, with some advocating for taxes on the wealthy to assist in the recovery. The city has been struggling due to the financial impact of the pandemic and the need to address a $1.2 billion budget deficit. Supporters of the proposed taxes argue that it is fair to tax those who can most afford to pay, while opponents fear the potential consequences of such a policy. #ChicagoBudget #TaxTheRich #RevenueGap 💰💵🤑
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