Bloomberg Tax
March 17, 2023, 6:34 PM

Chicago Mayor Frontrunner Targets Crime, Taxes to Court Business

Shruti Date Singh
Shruti Date Singh
Bloomberg News

Chicago’s mayoral frontrunner Paul Vallas is taking a leaf out of Rahm Emanuel’s book to try to lure businesses back.

As the city grapples with rising violence and high-profile corporate departures, the former boss of school districts has pledged to be tough on crime, the No. 1 issue for corporations. He also wants to “hold the line” on taxes, fines and fees, and reduce bureaucracy in a bid to sell Chicago as a business-friendly destination.

It’s something that former Mayor Rahm Emanuel — who ran the Windy City for two terms until 2019 — did particularly well. He famously ...