Proposed Chicago rideshare tax would levy up to $3 in taxes, fees to downtown fares (video report)

Another year, another tax. As Mayor Lori Lightfoot gets ready to deliver her budget proposal to City Council on Wednesday, the City of Chicago is now targeting rideshare users in its bid to help close a gaping $838 million budget deficit.

If approved, the so-called congestion tax could translate into an additional $2.28 in fees per ride.

“You look outside at this moment and what you’re going to see is total congestion and gridlock,” said Lightfoot on Friday as she announced the plan.

The mayor pointed to a recent study, commissioned by the city, stating that between 2015 and 2018 rideshare usage in Chicago has skyrocketed by 271%.