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Move! Chicago Mayor Lori Lightfoot Wants Taxes Hiked Despite Inflation

At a glance

  • Residents of Chicago can expect to see their property taxes increased in 2023, Mayor Lori Lightfoot said Wednesday at a budget forecast briefing.
  • Lightfoot said her plan includes a 2.5% property tax increase for 2023, totaling more than $42 million in new revenue for the city.

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