November 4, 2007

Bowing to rising anger among Chicago residents, Mayor Daley is scaling back his tax increase proposal:

Daley said he would slice his property tax request from $108 million to $83 million, meaning the cost to homeowners would be a little less steep than it would have been under the mayor's original plan.

Daley had pushed the bottled water fee as an environmental initiative to help defray the costs of non-biodegradable plastic containers clogging landfills. But instead of a dime on each bottle, Daley said he will seek to charge 5 cents.