Mayoral Hopeful Vows No Property Tax Hikes, Proposes Millionaire Tax and $22 Minimum Wage
August 27, 2026
The candidate pledges not to raise Chicago property taxes if elected mayor and says any new revenues would require action in Springfield, including a potential 3% tax on millionaires.
His policy platform includes raising the minimum wage to $22 an hour and universal pre-K, along with adding 1,000 to 1,500 police officers and reinstating the ShotSpotter contract to bolster public safety.
He avoids detailed critiques of current Mayor Johnson’s staff issues but calls for greater transparency about hires and staff changes.
He points to San Francisco’s Daniel Lurie as a model for tackling homelessness, public safety, and economic revival.
He advocates environmentally responsible development aimed at minimizing utility costs and supports projects unlikely to trigger large water or electric rate hikes.
He rejects links between Johnson and figures like Rahm Emanuel and Michael Sacks, calling such associations unfounded and ridiculous.
To balance the budget, he proposes cost-savings measures such as cutting middle management, consolidating city offices, bundling contracts for bulk purchasing, and advancing public pension funding through an early payment.
He criticizes current property taxes as too high and vows not to adopt an automatic inflation-linked increase left by the previous administration.
He underscores the need for strong Springfield relationships to secure new revenue, noting that changes would require constitutional amendments and ballot referendums.
Summary based on 1 source
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Chicago Tribune • Aug 27, 2026
Alexi Giannoulias says he won’t raise property taxes if elected Chicago mayor