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Social Media Tax

All articles tagged with #social media tax

local-government2 months ago•6 min saved

Chicago Mayor Johnson Faces Legal and Budget Challenges Amid Social Media Tax Proposal

Chicago Mayor Brandon Johnson proposed a $31 million tax on social media companies to address youth mental health issues and fund mental health services, but legal experts predict it will face a strong court challenge due to constitutional concerns and potential impacts on small businesses.

via Chicago Sun-Times|

#big-tech #chicago #legal-challenge

local-government3 months ago•9 min saved

Mayor Johnson Proposes New Taxes to Fund City Budget and Avoid Layoffs

Mayor Brandon Johnson proposes a $16.6 billion budget for 2026, featuring increased taxes on corporations, social media companies, and cloud computing to address a budget shortfall and fund community safety programs, while facing opposition from business leaders and concerns about economic impact.

via Chicago Sun-Times|

#chicago-budget #corporate-head-tax #local-government