Aldermen support March referendum on real estate transfer tax, sending ordinance to full City Council ...Middle East

Chicago Tribune - News
Aldermen support March referendum on real estate transfer tax, sending ordinance to full City Council
source : Chicago Tribune ( Middle East ) () 45
The Rules committee approved the revamped “Bring Chicago Home” measure that offers a tiered tax rate on all property sales, which advocates say would generate much-needed revenue for the city’s homeless population but opponents warn would harm small-to-midsize property owners — including landlords who may raise rents.

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