Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off “Urban Despair” With Controversial Chicago Housing Deals

Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off "Urban Despair” With Controversial Chicago Housing Deals

Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off “Urban Despair” With Controversial Chicago Housing Deals

Obama’s Senior White House Adviser Valerie Jarrett has been profiting for years off of the “urban despair” created by a company she was a CEO of, while avoiding paying most of the taxes she should have paid.

The Kingsbury Plaza 46-story Chicago luxury apartment complex that Valerie Jarrett has an 11-percent equity interest in is worth around $27.2 million but since 2008 the property has been designated a “special commercial structure” which is taxed at a value of just $6.8 million, or 25 percent of the actual value.

In 2010 Valerie Jarrett valued her stake in Kingsbury Plaza at $250,001, and her 2011 financial disclosure form lists her investment value between $1 million and $5 million.

Just more “Above the Law” Chicagoland Democrats using shady or corrupt tactics to line their pockets and the pockets of their political cronies.

Senior White House adviser and long-time Obama confidant Valerie Jarrett’s role in a number of controversial Chicago housing developments has garnered her investments



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