Brandon Johnson
๐ค SpeakerAppearances Over Time
Podcast Appearances
We are the global capital, quite frankly, of the world.
And so the experience that fans have had and will continue to have, coming downtown to enjoy the Bears game, we're the only viable plan for a publicly owned stadium in which the Bears made a commitment to a couple of years ago.
Now we need fans, we need players, we need the legislature.
If my proposal was good enough for them to mimic it in a law, why not just use the structure that already exists?
We have been in conversations with that.
There's no violation there.
And just keep in mind, we're talking about a hotel tax.
That tax already exists.
Our proposal does not create new taxes.
And again, if you talk to the average Chicagoan, do they come on the radio and say, you know what?
Boy, if the city of Chicago would just work on that hotel tax.
No one brings that up.
They talk about property taxes.
$4 billion conservatively is $1.5 billion.
That property tax...
homeowners would be on the hook to build a privately owned stadium.
Keep in mind, whatever tax that we do use, which right now is just a hotel tax, it's a stadium that the public owns.
So, where else do you see, with economic development, where the corporation puts in 72%
of the finances to lease a building that the public would own, that essentially visitors who come and visit our city, and with good reason.
We've made some amazing investments in Chicago.