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Chicago street sign honoring Trump to be removed

October 10, 2016

Donald J. Trump, as the huge signage on his buildings demonstrates, loves his surname.

But a smaller Trump representation is about to be dismantled.

Trump_Plaza_Chicago_NBC-News5-screenshot

The honorary identifier on Chicago's Wabash Avenue went up in 2006 while the Trump Tower was under construction down the road. The 92-story high-rise at 401 N. Wabash Avenue bearing Trump's name was completed in 2009.

Chicago Alderman Brendan Reilly initiated the effort to remove the city street sign that recognizes the Trump Tower in the Windy City. The now-offending marker bears the street's original name, Wabash Avenue, along with a slightly smaller second honorary plate identifying the area as Trump Plaza.

UPDATE: On Oct. 25, a Chicago City Council committee unanimously voted to remove the street sign honoring Republican presidential nominee Donald Trump’s downtown skyscraper in response to the candidate's earlier comments about violence in the Windy City. The full council is expected to vote next week on the sign's removal.

Disparaging remarks anger city leaders: Reilly, in various news reports, said he and his fellow Chicago lawmakers have for a while found many of Trump's presidential campaign comments and policies offensive.

The last straw, however, came during the first debate presidential debate on Sept. 26. That night, the Republican candidate reiterated his support for stop-and-frisk police tactics.

Trump made Chicago part of his campaign, Reilly told NBC5 News, explaining:

"His divisive comments about various segments of Chicago society, whether you're Latino or another minority, an immigrant, a woman, that in and of itself is offensive, but his decision to drag us into this campaign and mischaracterize and paint a very distorted caricature of Chicago is a mistake and we reserve these honorary street signs for special Chicagoans who have lifted up this city and move us forward."

Reilly introduced his ordinance to remove the Trump street sign at last week's meeting. It has the support of 46 other aldermen and Chicago Mayor Rahm Emanuel, a supporter of Democratic presidential nominee Hillary Clinton.

Removal expected by Election Day: Reilly said the sign should be removed within a month, or about the time that voters nationwide will be deciding whether Trump or Clinton should move into the Oval Office.

"We'll put the sign back up when he releases his tax returns," Emanuel said, apparently joking according to some, but not all, media reports.

Reilly, however, doesn't want the Trump commemoration to return regardless of Trump's tax transparency or the Nov. 8 results.

The alderman, who in past years received campaign contributions from Trump, said that he will send the political donations back to Trump, along with street sign bearing his name.

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It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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