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Emanuel Eyes $500 Million Property Tax

Clip: 9/2/2015 | 16m 18sVideo has Closed Captions

Mayor Rahm Emanuel is reportedly considering a $500 million property tax hike.

Mayor Rahm Emanuel is reportedly considering a $500 million property tax hike—one of the largest in the city’s history—to help pay police and fire pensions and construction projects for Chicago Public Schools. The tax increase is expected to be included in the mayor’s 2016 budget. We examine what’s reportedly in Emanuel’s budget and what it means for city residents.

09/02/2015 | Rating NR

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