Tag: Tax Returns

Posted on

J.B. Pritzker Hiding Information On Inherited Family Trusts Because He’s Using Them To Avoid Taxes

“[Pritzker’s] clearly withholding information on huge family trusts” that are designed to protect his inherited wealth from taxes

After over 200 days of delay, J.B. Pritzker released a portion of his income tax returns, but his disclosed tax records raise more questions than answers.

Pritzker’s tax returns revealed that the vast majority of his income comes from inherited family trusts, not from salary income, business investments, or interest. Between 2014 and 2016, Pritzker paid $8.236 million in taxes on $29.6 million of declared personal income.

Those taxes pale in comparison to the income Pritzker derived from his inherited family trusts. During that same time period, Pritzker paid $128.97 million in federal taxes and $24.95 million in Illinois taxes on those trusts.

Unlike his opponent Chris Kennedy, why has Pritzker refused to answer questions on his family trusts?

Years of investigation and inquiry have revealed that the Pritzker family famously utilized trusts to protect their wealth from taxes and IRS scrutiny.

It’s clear – J.B. Pritzker is obfuscating on income derived from his inherited family trusts because he’s trying to hide the fact that he’s been avoiding taxes for years.

J.B. Pritzker’s campaign for governor is reaching the height of hypocrisy. Pritzker is advocating for yet another income tax hike on middle class families while cutting corrupt deals to slash his property taxes and using trusts to avoid taxes.

As Rich Miller said about J.B. Pritzker’s use of family trusts in his weekly column, “This ain’t over.“

###

Posted on

Pritzker Changes Tune on Tax Returns: From ‘Will Release Soon’ to ‘Will Release Soon’

Pritzker continues to obfuscate his tax returns under the guise of transparency

“Pritzker’s team has finally clarified their statements for the past 7 months that his tax returns will be released ‘soon’ by kicking the can down the road yet again. Pritzker is trying to hide, but Illinois voters will remain skeptical in the face of his deception.” – Illinois Republican Party Spokesman Aaron DeGroot

J.B. Pritzker announced on Wednesday that he would be releasing his tax returns at the filing deadline, or in other words, ‘soon.’

Pritzker has continuously strung along Illinois voters for 7 months by promising the exact same thing, and yet we have still seen nothing.

The possibilities are endless for what might be found in his tax returns, especially since Pritzker’s sister was recently caught stashing assets in offshore interests.

If Pritzker really does release his tax returns ‘soon,’ we’ll believe it when we see it.

###

Posted on

Three Strikes, You’re Out

After a baseball season’s delay, Pritzker has yet to deliver on his promise to release tax returns

Today is the 214th day since J.B. Pritzker pledged to release his tax returns. 214 days is exactly how long the 2017 Major League Baseball season lasted from Opening Day (April 2) to Game 7 of the World Series (November 1). Let’s take a look at some of the things that happened in that 214 day span:

214 days is 5,136 hours which is enough time to play 1,712 games (assuming the average duration of a baseball game is approximately 3 hours).

In the MLB, each team averages about 146 pitches per game, meaning that in this 214 day span with 1,712 games, there would be approximately 499,904 pitches.

But enough hypotheticals, let’s look at some stats.

In that span, the Chicago Cubs played 172 baseball games, and (not including playoffs) had 5,496 at bats resulting in 1,402 hits and pitched 1,447.1 innings.

The Chicago White Sox played 162 games, had 5,513 at bats and 1,412 hits, with a collective 1,421.2 innings pitched.

A lot of things can happen over the span of 214 days, but J.B. Pritzker can’t get his taxes done?

###

Posted on

WATCH: J.B. Pritzker AGAIN Dodges on Releasing His Tax Returns

208 days since Pritzker first pledged to make his tax returns public

“While his sister was just caught parking assets offshore, J.B. Pritzker continues to hide his tax returns from the public. We already know he schemed with crooked Democrat insiders to slash the property tax bill on his Chicago mansion by over $230,000. It’s time for him to come clean.” – Illinois Republican Party Spokesman Aaron DeGroot

After receiving the endorsement from yet another career politician who’s loyal to Madigan, J.B. Pritzker was again asked when he will be releasing his tax returns.

Watch Pritzker continue to dodge on releasing his tax returns HERE.

Pritzker’s response? “It’s somewhat complex… We’re working on it… We’ll get it done soon.”

That’s the same response Pritzker gave nearly a month ago around when tax returns were due to the federal government.

208 days have passed since J.B. Pritzker first pledged to release his taxes returns.

Other Democrats have already challenged Pritzker on his obfuscation, and Illinois voters are demanding to see what Pritzker is hiding.

We already know that Pritzker has gamed the system to receive a $230,000 tax break on his Chicago mansion thanks to the help of his fellow crooked Democrat insider Joe Berrios.

What is J.B. Pritzker hiding?

Well, J.B., we’re waiting…

###

Posted on

It’s Been 206 Days Since J.B. Pritzker Promised To Release His Tax Returns

His long delay is raising questions among Illinois voters

On April 14th, J.B. Pritzker pledged to release his tax returns ‘soon.’ Now, six months later, we’re hearing the same old promises from Pritzker, who continues to stall and hope this goes away.

Other Democrats have already challenged Pritzker on his obfuscation, and Illinois voters are demanding to see what Pritzker is hiding.

We already know that he has gamed the system through fellow Madigan crony Joe Berrios so he could receive a $230,000 tax break on his Gold Coast Chicago mansion.

What else might Pritzker be hiding? If you ask Pritzker, we’ll find out ‘soon.’

###

Posted on

Tick Tock: Two Weeks Since Pritzker Said He’d “Soon” Release Tax Returns

As Pritzker debuts ad about taxes and makes the list of richest Americans, he’s still keeping Illinoisans in the dark on his own taxes

Days ago, Democrat candidate for governor J.B. Pritzker made the list of richest Americans. Forbes rated Pritzker, whose personal wealth totals $3.4 billion, the 219th richest American.

Now, Politico Illinois Playbook is reporting that J.B. Pritzker released a new campaign ad calling for a progressive income tax. In the ad, Pritzker says that increasing taxes on the wealthiest would make our tax system “fair,” but Illinoisans still don’t know how much Pritzker himself pays in taxes.

This past April, Pritzker pledged to release his tax returns, but so far, he has failed to do so. A clock on Daniel Biss’ campaign website says 200 days have elapsed since Pritzker first made that pledge.

Although Pritzker pledged two weeks ago that he’d “soon” let voters know how much he pays in taxes, he still refuses to release his returns.

J.B. Pritzker’s hypocrisy on this issue is stunning – as he continues his calls to make the wealthiest pay more in taxes, Pritzker, one of our nation’s wealthiest individuals, continues to hide his own income taxes from the public, even as he orchestrates schemes to cut his own property tax bill.

Illinoisans should be worried if a politician like Pritzker is able to turn the Governor’s Mansion into “A Nightmare On Astor Street.”

###

Posted on

Pritzker and Kennedy Continue to Dodge on Releasing Their Tax Returns

Tuesday’s forum highlighted growing pressure on Pritzker and Kennedy to honor their word, release tax returns

Tuesday’s Democrat gubernatorial forum at Aurora University raised questions for the two candidates who have yet to release their tax returns, J.B. Pritzker and Chris Kennedy, drawing criticism from fellow Democrats.

Both Pritzker and Kennedy pledged to release five-year’s worth of tax returns six months ago, though neither has followed through yet. Daniel Biss set up a counter on his campaign website to mark the days since the candidates made the pledge to release their tax returns, as well as lambasting them publicly for avoiding the subject.

The candidates provided no details on a timetable for releasing their taxes other than saying they will be released “soon,” the same answer each has been telling the media for months.

While the Democrats debate who comes from a wealthier family and dodge on releasing their tax returns, they continue to prove that the Democratic gubernatorial primary is a race to the bottom.


###