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TexasTowelie

(116,830 posts)
Sun Sep 17, 2017, 06:04 AM Sep 2017

J.B. Pritzker firms got over $1.9M in state tax credits in four years

Here’s an issue on which rich Republican Gov. Bruce Rauner and J.B. Pritzker —by far the wealthiest of the Democrats aiming to unseat Rauner next year — find common ground.

Both Rauner and Pritzker are fans of a state tax-credit program for rich investors in startup companies in Illinois.

In fact, Pritzker is more than just a supporter of the program — the venture capitalist has profited handsomely from it.

Pritzker’s companies have gotten tax credits worth more than $1.9 million over four years through the Illinois Angel Investment Tax Credit program, records show.

Read more: http://chicago.suntimes.com/news/j-b-pritzker-firms-got-over-1-9m-in-state-tax-credits-in-four-years-mihalopoulos/

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