Mayor Brandon Johnson is now proposing hiking Chicago property taxes by $150 million, down from his original $300 million recommendation for 2025 that was unanimously struck down by the City Council last week.

Mayoral aides and some Council members have agreed to cut the proposed increase in half as talks continue. The largest chunk of new revenue — $128 million — will come from raising the personal property lease tax on cloud computing to 11%.

Chicago alderman Anthony Napolitano reacts to Windy City residents outraged over Mayor Brandon Johnson's proposed massive tax hike to cover the cost of the migrant crisis.

Mayor Brandon Johnson is all but giving up on his proposed $300 million property tax hike before aldermen kill it, and pushing them to find other revenue in its place to avert layoffs. Johnson’s administration is combing over alternatives to the tax jump ahead of a meeting Wednesday where the City Council is expected to vote it down.

Ahead of a Chicago City Council vote unanimously rejecting Mayor Brandon Johnson’s proposed $300 million property tax hike, local residents addressed the council and the mayor.

Dozens of aldermen called for a special meeting to vote down the mayor's proposed $300 million property tax increase.

Conservative Chicago residents ripped Mayor Brandon Johnson to his face at a Chicago City Council meeting this week, blasting him for raising taxes and catering to illegal immigrants.