Edmund Fitzgerald.

50 years later.

First off tonight, Mayor Brandon Johnson is calling for more than 600 million dollars in new taxes on the wealthiest Chicagoans and the city's largest firms.

>> It's part of his plan to fill a massive budget deficit and blunt.

The impact of cuts ordered by the Trump administration.

Let's listen to a bit of what Johnson told Alder People this morning at City Hall about his 16.6 billion dollar spending plan.

>> As I speak this morning about our budget.

We have a National Guard troops from.

The state of Texas that are waiting on a court order to deploy to our streets.

Our federal government isn't a shutdown with no end in sight.

Masked men with long guns, armed vehicles.

Was shot.

Residents with no transparency and no oversight.

I'm not going to sugarcoat it if we fail to invest in community safety in this budget at historic levels, the federal government will try to use it as justification for military occupation of our city.

>> Our Heather sure own joins us now with more on how Johnson plans to fill the city's budget gap of nearly 1.2 billion dollars.

Certainly a tall order.

Heather, who's going to pay more under this proposed budget?

Well, the biggest tax increase would hit big tech firms like Google and Salesforce that pay least tax to operate in Chicago, but also big businesses that have more than 100 employees would have to pay a reimposed head tax, charging them.

$21 for every employee over 100 workers.

That is where most of the controversy is going to beat.

But the big news, at least as far as the mayor's concerns about who won't pay a cent.

More homeowners who won't pay more in property taxes or pay more to have their garbage hauled away.

Mayor Johnson also proposed taxing social media firms.

In addition, some of the tech companies you mentioned, how exactly would that work?

Well, nobody's quite sure, because this would be a first of its kind tax.

They want to tax social media companies like acts Blue Sky and Facebook for every user over 100,000 users and make them pay $0.50 per month.

Is it legal?

Nobody knows.

But the city is going to cry.

They want to use that money, which would be about 31 million dollars to fund the city's mental health clinics and to make the city's alternate response program, which sends counselors to those experiencing a crisis rather than a police officer.

Chicago loves to be a first.

So we're sort making new ground here.

All right.

Well, the reaction to this plan as it often does, came pretty fast and furious after the mayor's speech.

Take us through what folks had to say.

Business organizations, including the chamber are outraged.

This head tax they say will be a job killer.

But the progressive caucus which nearly Johnson's budget last they were heartened and encouraged.

That does not impose taxes on working class Chicagoans, but it is going to be a long haul until the budget actually gets passed.

course, as you pointed out, there was a head tax in the past.

It's it's hard reinstate something that people tell it like a what are the next steps year?

Well, budget hearing start on Tuesday in the hopes of reaching an agreement by the end of the year.

Nobody expects the city council to represent the budget like they did under former mayors, Daley and Emanuel.

So the final package will probably look different than the one we saw today, but exactly how you'll have to state.

And I know you'll be watching all those hearings.

Certainly a contentious set of budget negotiations last time hopes from the mayor's team that things might go a little more smoothly this round.

They do.

And they did that by telegraphing that Johnson was going to ask what he calls the ultra-rich and sort of the wealthiest big firms to shoulder more of this burden.

He, of course, or does used start of crisis of the Trump administration to sort of say, look, we've got to make these big changes, whether it works.

We'll have to see.

And I know you'll be watching.

Heather Sharon, thanks so much.