- and members of his team want to tax households earning $100,000 or more in report named 'First We Get the Money' Chicago's mayor Brandon Johnson is pushing a 'mansion tax' on sales of homes of more than $1 million, as his administration continues to push higher tax on households earning over $100,000.
The newly elected mayor, who took over from his disastrous predecessor Lori Lightfoot in May of this year, wants to push a hike in taxes in order to fight homelessness in the city.
Allies of Mayor Johnson, 47, have also announced plans to push a $12-billion plan for the city titled 'First We Get the Money'.
The plan, seemingly named after a quote from the 1983 film Scarface, aims to build a 'more just' Chicago by slashing funding for the police and implementing new taxes in the city.
Johnson believes people that own properties worth $1 million in the third-largest city in the U.S. are 'rich, and should pay if they sell those homes'.