![]() In Illinois’s electoral version, the Citadel CEO matched Pritzker nearly dollar for dollar and wasn’t afraid to play dirty. ![]() The last time two tycoons faced off head-to-head in a Battle of the Billionaires, Donald Trump got the better of Vince McMahon at WrestleMania 23. Pritzker pitched the new tax system as a way to boost the state economy while making it “more fair for working people.” The governor, a billionaire heir to the Hyatt Hotels fortune, even played the role of class traitor by spending $56 million of his own wealth to campaign for it. Pritzker had called for a slight increase in the current flat rate of 4.95 percent for the estimated 189,000 taxpayers earning over $250,000 a year. On Tuesday, Illinois voters defeated the Fair Tax amendment, which promised to alter the state constitution so that legislators could legally implement a progressive income tax. So, he almost single-handedly bought a state election. To Griffin, the burden of Illinois’s staggering financial crisis should remain squarely on the shoulders of workers. ![]() The billionaire hedge fund manager wasn’t thrilled about the idea of paying an additional 3 percent in taxes on his estimated $1.5 billion annual income. ![]()
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