How new Chicago Mayor Brandon Johnson's policies could affect the suburbs.
Brandon Johnson was sworn in as the 57th mayor of Chicago last month, ushering in a new era of Chicago politics and priorities.
Yet, Soldier Field also poses a case study for taxpayers: watch out for tax hikes. Chicagoans are still on the hook for $640 million for stadium renovations from 2002. The Bears have said they're not seeking taxpayer funds for the"structure," yet they'd still want property tax assistance with the"infrastructure." Arlington Heights residents already pay some of the highest property taxes in the nation -- at 2.
• Enacting new"user fees on high-end commercial districts frequented by the wealthy, suburbanites, tourists and business travelers." In the past year, five major U.S. companies -- including Boeing, Citadel and Tyson Foods -- have announced they are moving out of Chicago. Since Johnson took over, two more have eyed the exits, too.
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