Chicago Business Leaders Voice Concerns Over Mayor Johnson's Budget Proposal

October 17, 2025 - 03:50

CHICAGO – The Chicagoland Chamber of Commerce has expressed strong opposition to Mayor Brandon Johnson's recent budget proposal, arguing that it could deter investment in the city. Business leaders are concerned that the new taxes included in the proposal do not reflect a sense of shared sacrifice and could burden both local businesses and residents.

In a statement, the Chamber emphasized the importance of creating an environment that fosters economic growth and stability. They believe that imposing additional taxes may lead to a decline in business operations and could potentially drive companies away from the city. The leaders argue that a more balanced approach is necessary to ensure that Chicago remains a competitive place for investment and innovation.

As discussions surrounding the budget unfold, business representatives are urging the city to consider alternative strategies that would promote economic development without placing undue financial strain on the community. The outcome of these negotiations will be crucial in shaping the future economic landscape of Chicago.