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Pritzker: I don’t know how much Trump tax cuts saved me

By Benjamin Yount, INN

If you filed your taxes, and either got a tax refund or paid the government, you are a step ahead of Illinois’ governor.

Gov. J.B. Pritzker didn’t file his taxes on Tax Day.

The governor told reporters Monday that he, like millions of Americans, got an extension. So he doesn’t know if President Donald Trump’s federal tax cuts saved him any money.

“As you know, I don’t file my taxes until the October deadline because I have a complex tax return,” Pritzker said. “So I couldn’t tell you the answer to that.”

The governor then transitioned to a sales pitch for his tax plan. Pritzker’s plan would raise taxes on top earners in Illinois and provide modest tax breaks most families in the state.

“The wealthiest people in the country got an enormous tax break, and virtually everybody else didn’t,” the governor said. “Why should the benefits of a tax break go to the wealthiest people who need it less, and not to the people who need it more. Working families.”

The governor’s tax proposal includes rate reductions from the state’s existing 4.95 flat rate for 97 percent of taxpayers. Those making more than $250,000 a year would pay 7.75 percent or more in state taxes.

Pritzker is estimated to be worth somewhere between $3 billion and $3.5 billion

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