Mayor Brandon Johnson and the progressive movement behind him appeared headed toward a humiliating defeat Tuesday that will force them to search for another source of revenue to combat homelessness.
By a nearly 8-percentage-point margin, Chicago voters were rejecting a binding referendum that would have authorized the City Council to raise the real estate transfer tax on high-end property transactions to generate an estimated $100 million in annual revenue to combat homelessness.
The vote was 53.7% to 46.3%, with 98.2% of precincts counted.
The socialists appear headed for defeat in their newest bid for theft via the ballot box.
