Ken Griffin spent $20 million on campaign against Illinois tax raise - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Billionaire financier Ken Griffin spent $20 million campaigning for Illinois not to raise his taxes amid the coronavirus budget crisis

Griffin isn't the only member of the state's three comma club who opposes the tax. Equity Group Investments' Sam Zell donatedIllinois is far from the only state facing a budget crisis amid the coronavirus pandemic. Some states facing shortfalls, like New York, have evenRead Griffin's statement in full below:

"People aren't waiting until November to vote against the economic hardship created by the Springfield's spending addiction — they've been voting with their feet for the past decade as Illinois has lost more residents than any other state in the nation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not his taxes. OUR taxes. If voters approve the change to the Illinois Constitution removing the flat tax rate, the legislature can raise taxes at will without ever having to go back to voters. Taxes on the “wealthy” don’t work. They just change their residency.

In the average US income/savings level, he spent about two grand. Perspective?

Here’s an idea, Ken: use the 20M to HELP your fellow citizens and community rather than using it to preserve hoarded wealth.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pitch deck: Insurance startup Descartes raises $18.5 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This is ridiculous. Insurance is the one of the real cancers in this world. And seriously an insurance policy on Climate Change? Yet another corrupt Ponzi scam!
Source: BusinessInsider - 🏆 729. / 51 Read more »

notco raises $110 million plant-based nestle for millennials - Business InsiderNotCo has raised $110 million from investors like Jeff Bezos to become the plant-based 'Nestle for millennials.' Its CEO reveals its playbook to battle Beyond Meat and Impossible Foods in the US.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's top advertising and media stories for September 10 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet Business Insider's 10 execs transforming the advertising and media industries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »