Share the article: ICYMI: Pritzker fights to cut taxes for the rich, himself

It was revealed recently that Governor JB Pritzker joined with six other Governors from high-tax Democrat-led states in penning a letter to President Joe Biden asking him to eliminate the $10,000 cap on state and local tax deductions (SALT cap) – a provision of the 2017 Republican tax cuts. 

A study from the left-leaning Institute on Taxation and Economic Policy found that if Governor Pritzker – champion of the so-called “Fair Tax” – were to get his way and the SALT cap was lifted, 62% of the resulting benefits would go to the top 1% of income earners. And 86% of the benefits would go to the richest 5% of Americans. Governor Pritzker is in the top 1%.

The 2017 Republican tax law was a tremendous boon to the middle class because it nearly doubled the standard deduction for single and joint filers, while the SALT cap is not applicable for the vast majority. Governor Pritzker is begging Biden to end the SALT cap that primarily targets the richest Americans, including himself.

ILGOP Chairman Don Tracy released the following statement in response to Pritzker’s letter:

“Governor Pritzker begging Biden to lower his tax bill and that of his billionaire buddies is not surprising given his history of trying to avoid taxes. But this time, instead of writing a work order for a contractor to rip out the toilets in his mansion, he wrote a letter to the President. JB needs to answer how many thousands of dollars he stands to save if Biden grants his wish.”

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