Mayor Lori Lightfoot reported $383,005 in income in 2020, tax return shows

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Mayor Lori Lightfoot reported $383,005 in income in 2020, tax return shows
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Lightfoot's city wages were $192,437, she reported.

Chicago Mayor Lori Lightfoot reported making $383,005 in total income for 2020, her first full calendar year in office, according to a tax return released by the mayor’s office.

Disclosing tax returns is a rite of transparency for many candidates who have run for major elected office, an act of disclosure that not only tells the public how much the political hopefuls earn in income but where their financial interests reside, how they have made their money and what potential conflicts of interest could arise if they are elected.Mayor Lori Lightfoot walks the room, Feb. 23, 2022, before a City Council meeting at City Hall.

Lightfoot, who left the firm to campaign for mayor, paid an effective tax rate of 38.6% over the four years. In 2019, Lightfoot’s first year in office, Lightfoot reported making $497,000, according to a tax return released by the mayor’s office.

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