Chicago Ballot Amendment Would Tax Real Estate Moguls to Fight Homelessness

“It was never a surprise that wealthy real estate interests would fight an effort like Bring Chicago Home,” says Asha Ransby Sporn, the campaign director of the Bring Chicago Home referendum campaign. The Bring Chicago Home ballot amendment would shift the city’s flat-rate Real Estate Transfer Tax of .75 percent to a graduated system, with a 0.6 percent tax on sales under $1 million, and a 2-3...

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