Foreign Companies Driving the Global Privatization of Domestic Infrastructure

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Foreign Companies Driving the Global Privatization of Domestic Infrastructure

On February 4, 2025, Chicago, Illinois’s business community pushed back against Mayor Brandon Johnson’s proposal to raise real estate transfer taxes, adding to the city’s ongoing economic struggles.Besides a struggling pension fund, high home prices and other factors, a significant contributor to the city’s woes lies in the controversial privatization initiatives from the 2000s, known as the “Great Chicago Sell-Off.” Over the past two decades, t…