Chicago taxes

Ald. John Arena (45th) said the tax hike would hurt the poorest Chicagoans the hardest.

SOAKED! In an effort to bail out pension fund, the city just hiked water and sewer taxes.

Rates to go up 30 percent over five years, and more money still will be needed to fund city pensions.

The added tax on water use would cost the average homeowner about $19 a month when fully implemented.

Proposals to raise taxes are meant to "protect Chicago taxpayers' pockets," said Ald. Scott Waguespack.

Mayor Rahm Emanuel's campaign accused Jesus "Chuy" Garcia of "stonewalling" and offering "zero" details.

Pullman artist JB Daniel rents on Airbnb to fund visiting artist residency program in his row house.

A new budget proposal would place the onus for collecting the tax on online firms like Airbnb.

Mayor Rahm Emanuel said there would be no tax increases, and pledged more for the rainy-day fund.

Cook County Clerk David Orr said TIFs should not be "used at the whim of a particular mayor."

CPS triggered the increase, as money siphoned off to TIFs will be shown on bills for the first time.

The mayor is appealing to the General Assembly in Springfield to raise the city 911 surcharge by $1.40.

Mayor Rahm Emanuel promised no new property, sales or gas taxes in closing a $339 million deficit.

The mayor promised no new property, sales or gas taxes in the new budget, but everything else is open.