Leading the Chicago pack in investment portfolio size is Emanuel. The White House chief of staff reported 2008 investment income of at least $168,107 on a portfolio worth between $4.5 million and $11 million.Rahm wants you to pay high taxes while he tries to avoid them.
The disclosures, required of senior and deputy-level aides each year, were made public over the weekend. They allow individuals to report across a broad range in values for each investment and corresponding investment income, using categories such as $500,001 to $1 million, so it is impossible to know exact figures.
After leaving the Clinton White House — and before running for Congress from Chicago's North Side — Emanuel made more than $16 million in 21/2 years as an investment banker.
Many of his investments are now in municipal bonds, a favored choice of the wealthy because their interest is tax-exempt.
Wednesday, April 08, 2009
President Barack Obama's team virtually all Chicago millionaires
The Chicago Tribune reports: