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Property Tax Hike Voted for Chicago

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From Reuters

The Chicago City Council, facing a budget shortfall that Mayor Harold Washington said would force him to lay off 11,000 city workers, approved an $80-million property tax increase Wednesday.

The tax measure had been narrowly defeated earlier this month, prompting Washington to make the layoff threat. It would have involved 5,000 police officers, as well as firefighters, garbage collectors and other city employees.

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