"Chicago Voters Reject Mansion Tax for Homeless Programs in Illinois Primary"

Chicago voters rejected a proposed increase to the city’s transfer tax on high-value properties, which was intended to fund homeless programs. The referendum, supported by progressives but opposed by the real estate industry, aimed to raise transfer taxes on properties selling for over $1 million. The result has raised questions about the strength of the city’s progressive movement and its leader, Mayor Brandon Johnson, in a city where homelessness has become more visible since the pandemic.