What is a ‘mansion tax'? Chicago residents will vote on the real estate tax referendum

Chicago voters will decide on a referendum that would impose a “mansion tax” that could fundamentally change the way real estate transfers are taxed in the city. NBC Chicago’s Mary Ann Ahern reports. Read more: https://www.nbcchicago.com/news/local/chicago-politics/chicago-mansion-tax-referendum-back-in-place-after-court-ruling/3375451/