Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Illinois

Showing Original Post only (View all)

TexasTowelie

(118,201 posts)
Tue Sep 15, 2020, 07:54 AM Sep 2020

State's wealthiest person gives $20 million to anti-graduated tax committee [View all]

Illinois' wealthiest man and frequent Republican political donor Ken Griffin has pledged $20 million to a group dedicated to defeating a graduated tax constitutional amendment.

Griffin, who is the founder of the hedge fund Citadel, has previously donated tens of millions of dollars to the campaign of Republican former Gov. Bruce Rauner. He's also given millions to House and Senate Republican leadership in the state and donated to several individual lawmakers. Forbes estimates his net worth at $15 billion.

His recent $20 million donation went to the Coalition to Stop the Proposed Tax Hike Amendment ballot initiative committee. Prior to Griffin's donation, the committee had received $950,000 in donations.

Gov. JB Pritzker has already dropped more than $50 million of his own personal fortune, estimated at $3.4 billion, in support of his marquee legislative proposal. His donation went to the Vote Yes for Fairness ballot initiative committee.

Read more: https://www.illinoistimes.com/springfield/states-wealthiest-person-gives-20-million-to-anti-graduated-tax-committee/Content?oid=12568083

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Region Forums»Illinois»State's wealthiest person...»Reply #0