Rauner Releases 2013 Tax Returns

October 11, 2014

Republican gubernatorial candidate Bruce Rauner has released his 2013 federal and Illinois income tax returns.  

The eight pages of tax forms show the multi-millionaire and his wife, Diana, earned nearly $61 million last year. He paid $17 million in federal and state taxes. That is a tax rate of about 27.5 percent.  

The returns also show the Rauners donated more than $5 million to charity. That includes $1 million to Red Cross relief efforts after the Washington, Illinois tornado.  

In releasing the returns late Friday, Rauner took an opportunity to take a shot at Gov. Pat Quinn. Rauner said he is independent of special interests, adding Quinn put self-dealing and cronyism ahead of the people.  

A spokeswoman for Quinn is calling Rauner's tax returns disclosure inadequate.  

In her statement, Quinn campaign spokeswoman Brooke Anderson called the information ``wholly insufficient and raises more questions than answers.'' Anderson questioned where Rauner's money comes from and ``what loopholes is he jumping through?''  

Quinn has long called on Rauner to release his tax returns.  

 
 

Story source: AP