Chicago's INSANE 15% Cloud Tax SPIKE Forces Tech Giants to RUN for the Exits

Chicago has officially passed a record-breaking $16.6 billion city budget, and the impact will be felt across the city.This new budget includes hundreds of millions of dollars in new and increased taxes, affecting everything from everyday purchases to digital services, rideshares, and online activities. While city leaders say the plan closes a major budget gap, critics warn it relies heavily on temporary fixes, new taxes, and one-time revenues rather than long-term financial reform.