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Hyatt Regency Chongqing, China: Serial Billionaire Tax Cheaters: Penny Pritzker and her brother, J B Pritzker.
The Pritzker family all but invented off-shore trusts. “No family in the US can copy the Pritzkers in using offshore entities to gain tax advantages,” claimed Forbes Magazine back in 2003.
Part #1, #2 & #3 more on Penny Pritzker and sauce.
Dem. Billionaire Hyatt Hotel J.B. Pritzker (Brother to PENNY PRITZKER, Hyatt Recency Chongqing, China) received almost 575,000 votes, winning the Illinois Governors race.
–Hyatt Hotel Family is also one of the top donors for the Democratic Party. J B Pritzker's family donated over $22,000,000 into the Democratic Party in just the last year. Such donations got his sister, Penny Pritzker, a position as the United States Secretary of Commerce and gave JB Pritzker access to the DNC, according to Wikileaks. JB Pritzker had access to the DNC emails, according to Wikileaks.
– J B Pritzker continously calls for the impeachment of Donald Trump.
– Last year, billionaire Democrat J.B. Pritzker derided Republican presidential candidate Donald Trump for not releasing detailed income tax filings.
–J B's Governor of Illinois campaign is also built on spite. Documents obtained by the Bilan Report, via WikiLeaks, found that JB Pritzker has held resentment towards President Trump because he believes that Trump “swindled” his family, who is worth upwards of 30 billion dollars, out of money.
–This accusation dates back to the 1980’s when the Pritzker family began a partnership with the Trump Organization at the Grand Hyatt Hotel in New York. However, it was Donald Trump who was likely swindled.
—-July 29, 1993 NYT -Donald J. Trump, the New York developer, filed a civil racketeering suit against Jay Pritzker, the Chicago financier, over the Pritzker family's management of the Grand Hyatt Hotel in New York City. He accused the Pritzker family of overstating the hotel’s profits by 1.2 million dollars in order to collect more money from President Trump. The Pritzker family also, according to the Trump Organization, failed to provide documentation for over 7 million dollars in improvements. The Pritzkers and Mr. Trump are equal partners in the Grand Hyatt, renovation in 1979. The lawsuit, filed in Federal District Court in Manhattan.
The long standing feud between the Trump and Pritzker families is obviously a contended issue, but nonetheless provides Pritzker motive on top of the potential benefits his position could receive for his companies while governor.
–Where's J. B. Pritzker's campaign cash coming from? He's keeping that a secret( 10/2018).
As he seeks to become Illinois’ next governor, J.B. Pritzker has poured a record-setting $146-$171million of his own money into the contest. During the previous three years, he has reported earning $28 million.
–J B Pritzker has stated repeatedly, that his family trusts were set up more than 50 years ago and all the profits from his offshore trusts go to his charity, the “tax exempt” Pritzker Family Foundation.
FALSE!!!!
–The Chicago Tribune said it obtained the records on Pritzker's offshore holdings after partnering with the International Consortium of Investigative Journalists to gain access to the “Paradise Papers,” a database containing of millions of financial records pertaining to offshore accounts first revealed in 2017.
–As required by state law, Pritzker filed a statement of economic interests, which lists more than 300 entities he has a financial stake in but not the dollar amount invested. Pritzker revealed that he owned stock in a number of iconic companies such as Anheuser-Busch, Disney, Procter & Gamble, Facebook and Apple, as well as a number of lesser-known companies.
Pritzker also disclosed a single trust that he’s a beneficiary of and controls. He declined to release any tax returns for PG Byk Trust. The report prompted Republican Gov. Bruce Rauner to accuse Pritzker of “tax dodging on a massive scale.” Experts said those off-shore accounts allow the wealthy to avoid paying taxes…..more