Press Archive - Page 2 of 10 - Action Center on Race and the Economy

Read the full article here. The fact that another financial crisis has hit so soon after 2008 should give us all pause. Today’s crisis is allowing banks that are already “too big to fail” to grow even larger. This week,

Report co-author Saqib Bhatti said Chicago can no longer be “held hostage” by businesses that “want to be showered with tax breaks” and “threaten to leave when asked to pay” more. Read the full story here. A new report outlines

Crain's Chicago Business

City Council reacts to progressive groups’ $12 billion financial proposal

Justin Laurence

May 2023

Read the full story here. A proposal to raise billions of dollars by taxing businesses and higher-income Chicago residents, released just three days into Mayor Brandon Johnson’s new term, spotlights what’s expected to be a tension point for the new

Read the full story here. Activists in Chicago are seeking to build a better city by proposing a plan they say would generate $12 billion in new taxes and savings after slashing the police budget for investment in black and

The report was created by the Action Center on Race and the Economy – along with the People’s Unity Platform. Watch the video of ACRE’s report featured on CBS Chicago here.

The plan by the Action Center on Race & the Economy and the People’s Unity Platform “has nothing to do with what we’re trying to do,” said Jason Lee, a senior adviser to Mayor Brandon Johnson. The mayor’s approach, Lee

WBBM News Radio

Brandon Johnson allies suggest billions in new taxes

Craig Dellimore

May 2023

Read the full article and listen to the radio story here. Some supporters of Mayor Brandon Johnson are out with a proposal they admit is an ambitious menu of possible new taxes to raise revenue for the city of Chicago.

Read the full story here. Allies of Mayor Brandon Johnson today are rolling out a $12 billion financial proposal that doubles down on controversial tax-hike ideas pitched by Johnson during his campaign and adds a few more — including enactment