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Rauner Made Nearly $61M Last Year, According To Tax Returns

CHICAGO (AP/CBS) -- Republican gubernatorial candidate Bruce Rauner has released his 2013 federal and Illinois income tax returns.

The returns 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.

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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.

The Quinn campaign responded by saying the returns without itemized deduction schedules mean little.  Quinn has contended that the unabridged returns could show conflicts of interests.

Regardless, the Quinn statement said, Rauner earned thousands of dollars an hour at a time when he was advocating a cut in the minimum wage, and said it shows Rauner is "out of touch" with the average Illinoisan.

(Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS Radio and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

 

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