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Institute for the Public Good

Institute for the Public Good

Institute for Public Good

New Report: Tax on High Corporate Payrolls Could Raise $1.5 Billion to Help Close Chicago’s Budget Gap

Jul 23, 2025

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4 min read

New Report: Tax on High Corporate Payrolls Could Raise $1.5 Billion to Help Close Chicago’s Budget Gap

In Chicago, some CEOs make over 1,000x their median worker. A new proposal from the Institute for the Public Good says it's time to tax that difference to solve Chicago's budget crisis.

H Kapp-Klote
H Kapp-Klote

Institute for the Public Good

Institute for Public Good

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