Saturday, May 13, 2017

ILL-inois Democrat billionaire guv candidate buys property next to his mansion, lets it deteriorate, then claims tax break

But let's not forget that billionaire J.B. Pritzker is for "the little guy."

But the "little guy" has to pay more in taxes because of this Pritzker caper.

From the Chicago Sun-Times:
J.B. Pritzker, billionaire would-be governor, bought the historic mansion next door to his even bigger home on Chicago’s Gold Coast, let it fall into disrepair — and then argued it was “uninhabitable” to win what so far have been nearly $230,000 in property-tax breaks, records show.

Pritzker, his wife and their two children live in a palatial, three-story home in the Gold Coast with more than 12,500 square feet of living space and a two-story coach house. They bought that for $14.5 million in May 2006 and spent an additional amount fixing it up — between $11 million and $25 million more, records show.
Related post:

Illinois union bosses line up behind labor rat Pritzker

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