Tax returns, petition challenges and a proposal to rename the Dan Ryan Expressway? It’s all part of the fluid world of Chicago politics during this holiday week.
Here to catch you up on what you may have missed – and to look ahead at what’s to come in 2019 – are “Chicago Tonight” political correspondents Paris Schutz and Amanda Vinicky in our weekly roundtable, Spotlight Politics.
Tax returns
On Friday, “Chicago Tonight” received the partial 2017 tax return for Bill Daley, revealing the candidate paid $789,180 in taxes on a taxable income of just over $2.1 million. Yet missing from those notable figures: any schedules that would clarify how he derived that income.
Ja’Mal Green also provided “Chicago Tonight” with federal tax filing information, which show his taxable income in 2017 was $52,954. Despite contributing what the campaign describes as “countless hours” volunteering and contributing to nonprofits such as TrueStar and Majostee Allstars, the teen financial literacy organization Green created, the campaign said Green chooses not to file charity work as a deduction “because of the tax breaks associated with charitable giving.” Green’s campaign said it will not release the names of companies for which he’s done consulting work out of the “best interest”…
