"Chicago Mayor's 'Mansion Tax' Struck Down by Judge"

TL;DR Summary
Chicago Mayor Brandon Johnson's plan to increase taxes on real estate transactions over $1 million was struck down by a local court after a legal challenge from the Building Owners and Managers Association. The association argued that the referendum question on the "mansion tax" was misleading and unconstitutional. Johnson, a progressive Democrat, had proposed the tax increase to tackle homelessness and redistribute the tax burden. The referendum question will remain on the ballot, but results won't be counted or released, and the city is evaluating its options on whether to appeal the decision.
- Chicago’s new progressive mayor dealt stinging blow as ‘mansion tax’ on real estate sales over $1 million struck down Fortune
- 'Bring Chicago Home' real estate transfer tax question on March 19 primary ballot ruled invalid by Cook County judge WLS-TV
- 'Bring Chicago Home' referendum on primary ballot invalidated Chicago Tribune
- Judge Orders Proposal to Hike Taxes on Sales of Million-Dollar Properties Off Ballot; Appeal Promised WTTW News
- Mayor Johnson's Bring Chicago Home referendum on the March primary ballot is invalid, Cook County judge rules Chicago Sun-Times
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