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

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