Wednesday, March 14, 2018

Last year, JB Pritzker released three years of his tax returns, revealing that he paid millions in federal and state taxes from 2014 to 2016. JB also released information showing his trusts paid tens of millions in state taxes and over a hundred million in federal taxes from 2014 to 2016.

REALITY CHECK:

• JB Pritzker released three years of tax returns in late 2017.
• In state and federal taxes, JB paid $1,171,224 in 2014, $3,543,722 in 2015, and $4,597,148 in 2016, representing federal tax rates of 37.3% in 2014, 24.3% in 2015, and 27.7% in 2016.
• JB’s trusts also paid $24.95 million in Illinois taxes and $128.97 million in federal taxes from 2014 to 2016.
• Chris Kennedy only released one year of tax returns, showing he paid a federal tax rate of 14%.

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