Whether you need to aerate your tap water is primarily a function of incoming temperature.
Here in Minneapolis, tap water comes into my home at ~35F in the winter. As it warms, dissolved gases are released - but not nearly enough. A 100% water change using water from my water heater will kill most of my fish and shock the rest. (I've lost very nice fish doing this.) So my tap water goes into a holding tank, aerates for 24 hours, then go into the fish tank. I doubt it needs 24 hours to aerate, but that's my water change cycle. In the summer, warm water can go directly into my fish tank without producing "bends". I've made 100% water changes this way with no problems.
Aeration will also reduce pH. My tap water comes into the aeration tanks at pH 8.8 and settles to pH 7.7 after 24 hours. I don't have enough data to suggest that the pH change causes a problem. It might, but I've never seen it. Nevertheless, since I have storage tanks set up, all my water goes through 24 hours of aeration.
Also, I do not add dechlor to the holding tanks. If you do, you'll get slime buildup on the sides. My current holding tanks do not have any slime buildup after 5 years of use. Dechlor is added as I fill the tanks. If you look up the active ingredients of the various concoctions in the Merck Index, you'll see that 10X the recommended concentration will not affect fish. I use 1X - 1.5X because daily 100% water changes makes it one of my major costs.
Hope that helps, Willie