Illinois Governor Pritzker Challenges Plan to Fund Transit With Billionaire Tax

BloombergWednesday, October 29, 2025 at 6:18:35 PM
Illinois Governor Pritzker Challenges Plan to Fund Transit With Billionaire Tax
Illinois Governor JB Pritzker has expressed strong opposition to a proposal aimed at taxing billionaires' assets to fund the Chicago region's transit system. He believes that the plan, as it stands, will not move forward, which raises concerns about the future of public transportation funding in the area. This matters because effective transit systems are crucial for economic growth and accessibility in urban regions.
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