Mayor Rahm Emanuel said today he remains committed to phasing out a corporate employee "head tax" that brings in about $19 million annually to the city.
"I believe it's a disincentive for companies," Emanuel said at a news conference to announce United Airlines will be bringing 1,300 more jobs to Chicago. "My goal is -- and it will reflect it when I do my budget -- that we will roll back a buck a year, so that over my term, it will be the $19 million that is quote unquote raised, will be eliminated."
The head tax is currently $4 per employee per month for companies with at least 50 employees on their payrolls
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