Chicago Ballot Amendment Would Tax Real Estate Moguls to Fight Homelessness
Briefly

The Bring Chicago Home ballot amendment would shift the city's flat-rate Real Estate Transfer Tax to a graduated system, with a 0.6 percent tax on sales under $1 million and a 2-3 percent tax on sales over $1 million.
In February, Cook County Circuit Judge Kathleen Burke sided with the industry in invalidating the referendum using unclear reasoning that cited unreleased court records.
Read at Truthout
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