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Chicago Rejects Major Tax Hike for Homelessness Relief

The defeat of the 'Bring Chicago Home' referendum, heavily backed by Mayor Johnson and the Chicago Teachers Union, marks a significant blow to their efforts to combat homelessness.

  • Chicago voters decisively rejected a tax referendum that would have increased taxes on high-value real estate transactions to fund homelessness relief.
  • Mayor Brandon Johnson and the Chicago Teachers Union, who heavily promoted the measure, face a significant setback with the referendum's failure.
  • Opponents of the referendum, primarily from the real estate industry, celebrated the result, which came in at an 8-point lead for the 'No' vote.
  • The Chicago Teachers Union, known for its radical left-wing organizing, had invested significant resources and organizing efforts into supporting the referendum.
  • The referendum's defeat raises questions about the future of progressive initiatives in Chicago and the political capital of its backers.
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