News Local/State

Rauner Releases 2013 Tax Returns

 

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.