PIG BILLIONAIRE KEN GRIFFIN SAYS THE RICH SHOULD NOT PAY THEIR FAIR SHARE OF TAXES

Opponents of the graduated income tax formed at least five different campaign committees that raised nearly $63 million altogether. The best funded, by far, was the Coalition to Stop the Proposed Tax Hike Amendment, which collected almost $60 million, including the $54 million from Griffin. The coalition received most of its remaining money from other billionaires and millionaires, according to state campaign donation records.

Ken Griffin Spent $54 Million Fighting a Tax Increase for the Rich. Secret IRS Data Shows It Paid Off for Him.

https://www.propublica.org/article/ken-griffin-illinois-graduated-income-tax?utm_source=sailthru&utm_medium=email&utm_campaign=majorinvestigations&utm_content=river

The ultrawealthy poured money into a successful campaign to defeat a graduated state income tax. For the first time, we can reveal the scale of their return on this investment.

Illinois billionaire Ken Griffin spent $54 million fighting an initiative that would have raised the tax rate for him and other ultrawealthy people in the state. Credit:Aaron Kotowski/The Forbes Collection via Contour RA by Getty Images

Ken Griffin Spent $54 Million Fighting a Tax Increase for the Rich. Secret IRS Data Shows It Paid Off for Him.

The ultrawealthy poured money into a successful c