Mayor's Tax FIASCO Empties Chicago: Record Vacancy as Businesses FLEE episode artwork

EPISODE · Nov 11, 2025 · 20 MIN

Mayor's Tax FIASCO Empties Chicago: Record Vacancy as Businesses FLEE

from News For Reasonable People · host Sean Reynolds

Chicago's downtown office vacancy hits record highs as Mayor Brandon Johnson doubles down on "progressive revenue" - aka taxing businesses into oblivion. While he dreams up social media taxes and corporate head taxes, companies are packing up faster than you can say "Let's Go Brandon." We're talking about a $1.2 billion budget deficit that somehow includes hundreds of millions spent on housing illegal immigrants while actual Chicago residents get nothing. Johnson tried a property tax hike and got demolished by his own city council, so now he's reaching for cloud computing taxes and amusement fees. Is anyone surprised that businesses are fleeing to Florida and Texas instead? Meanwhile, cities like Seattle and Portland are following the same playbook with the same results. The rich are mobile, folks - they don't have to stick around for this progressive fantasy. What's your take on Chicago's business exodus? Think any company in their right mind would relocate there now? Drop a comment and let's discuss this train wreck. Don't forget to subscribe for more government incompetence updates!

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Mayor's Tax FIASCO Empties Chicago: Record Vacancy as Businesses FLEE

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