This guy's a real winner!
Yup, it's the truth:
The 2024 tax return records showed Pritzker and his wife reported making $1.425 million in income from 'gambling.' Asked for additional details, the Pritzker campaign spokesperson said, 'The Governor had winnings and losses from a casino during the year and those amounts are reported on his tax return.'
Must be nice!
Some context here: Pritzker, an heir to the Hyatt hotel chain, is worth $3.9 billion.
Let's take a closer look at some of the numbers from these partial records, which were released Wednesday.
But in the records his campaign has released, the $10.3 million in taxable income the governor and his wife, MK, reported for 2024 was the highest total in several years. For 2023, the figure was $3.2 million, and the year before that it was $2.3 million. For 2021, the Pritzkers reported $18.5 million in state taxable income, with the majority of that — $11.3 million — coming from capital gains ...
Asked why the Pritzkers reported three times more state taxable income last year than the year before, a spokesperson for the governor's campaign said in an emailed response that 'certain trusts make distributions each year, and the taxable income associated with those distributions changes from year to year based on the performance of trust assets.'
The trusts benefiting the governor in 2024 paid $4.5 million in state taxes and $30.2 million in federal taxes. In 2023, Pritzker trusts paid $10 million to the state and about $50 million to the federal government, according to the campaign. Those returns were not disclosed publicly.
The Pritzkers in 2024 paid approximately $1.6 million in federal taxes, about $300,000 more than the previous year, according to the returns, while the couple paid $512,120 to the state, which is about $358,000 more than what the couple paid in state taxes in 2023.
Back to that gambling:
He's going to donate the winnings now that we've all noticed them.
Well, all I've got here is an...
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