Ken Griffin goes off on JB Pritzker
Friday, Oct 23, 2020 - Posted by Rich Miller
Hedge fund billionaire Ken Griffin slammed Democratic Gov. J.B. Pritzker as “a shameless master of personal tax avoidance” Thursday in an email to his Chicago employees that criticized the governor’s push for a graduated-income tax rate amendment. […]
“I am not willing to stand by as, once again, spineless politicians try to sell a trick disguised as a solution. Particularly not from a governor who, having inherited a great deal of wealth, has worked so diligently to avoid paying taxes himself,” Griffin wrote in an email obtained by the Tribune, which was verified by a company spokesman. […]
“Pritzker–a shameless master of personal tax avoidance–is well aware that many of the state’s top taxpayers will soon be decamping for states with more attractive tax policies. Under our federalist system, each state is free to compete to encourage companies and employees to join its community. Governors of Florida, Texas and other states have made compelling pitches for businesses – like Citadel – to leave Illinois,” Griffin wrote. […]
In his email, Griffin said he was troubled by protesters who demonstrated outside Citadel’s Loop office and “misrepresented my deep commitment to the youth of our city.” He said his firm has “brought countless families to the state, led important philanthropic and community initiatives and, together, have made Illinois a better place to live and raise a family.”
Go read the rest for the react from the Pritzker camp.
* House GOP leader Durkin: Confused about graduated-rate tax amendment? Vote no