From a Mark Kirk campaign press release:
Background: After "unsafe and unsound banking practices" brought down Broadway Bank and cost the FDIC $394 million, Alexi Giannoulias paid no taxes for 2009 and claimed $30,000 in tax refunds. Read more here.In related news, Pat Brady, the chairman of the Illinois Republican Party, is requesting that Giannoulias donate his $30,000 tax refund to the FDIC, which lost $394 million on the failure of Broadway Bank.
Misleading Claim: "When he says Alexi wants to raise taxes, Congressman Kirk is lying." – Giannoulias spokesman Matt McGrath, 7/5/10
Fact: Alexi Giannoulias wants to raise state income taxes but did not pay any himself for 2009.
Fact: Alexi Giannoulias wants to raise federal income taxes but did not pay any himself for 2009.
Technorati tags: Illinois illinois politics Senate Democrats Alexi Giannoulias business banking finance politics news legal Mark Kirk
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