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Thursday, November 21, 2024

Fact checking shows Pritzker hasn't released more tax info than Rauner

Tax

The Better Government Association (BGA) recently fact checked statements made by J.B. Pritzker, Democratic candidate for governor, that he had released "way more" information about his taxes than Gov. Bruce Rauner and found that assertion was false.

Pritzker and fellow Democratic candidate Chris Kennedy have released 1040 forms for several years, drawing the criticism of Sen. Daniel Biss (D-Evanston), a third Democratic candidate, who has released his full tax disclosure. 

Rauner’s campaign also criticized Pritzker’s tax transparency, arguing that the income reported on his 1040s did not seem to reflect his personal wealth.


JB Pritzker | Courtesy of Linkedin

In response, Pritzker shot back and said that he had released way more information than Rauner had. The BGA evaluated that claim, and found that both Rauner and Pritzker had released 1040 forms and no supporting documentation to show where their investment and capital gains came from or their deductions.

“Pritzker’s three years’ worth of 1040 state and federal cover sheets are identical to the sort of disclosure Rauner released as a candidate four years ago and what he has issued each year since,” the BGA’s Matt Dietrich wrote. “Pritzker did release information about taxes paid by trusts that benefit him, but construing that as exceeding Rauner’s disclosure is something of a straw-man argument. Rauner says he has no trusts to report income from.”

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