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

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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.

 

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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.

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