Rauner Income Taxes

A press release from Governor Bruce Rauner:

Gov. Rauner Releases 2014 Tax Returns

Bruce Rauner at the McHenry County Republican Headquarters.

Bruce Rauner at the McHenry County Republican Headquarters.

SPRINGFIELD – Governor Bruce Rauner released his 2014 federal and state 1040’s, reflecting income and tax rates, while detailing the Rauner family’s  charitable and community giving last year.

Last year, the Rauners paid more than $18 million in federal and state taxes on income of $58.3 million for a total effective tax rate on income of more than 31%. Their federal effective tax rate on income exceeded 26%.

In addition, the Rauners and their family foundation made charitable contributions totaling more than $3.3 million.

Rauner 2014 Tax Summary:

Income on Federal Return: $58.3 million

Adjusted Gross Income on Federal Return: $57.5 million

Federal Income Taxes Paid: $15.2 million

Federal Effective Tax Rate on Income: 26.1%

Federal Effective Tax Rate on Adjusted Gross Income: 26.4%

Illinois Net Income on State Return: $58.7 million

Illinois Income Taxes Paid: $2.8 million


Comments

Rauner Income Taxes — 12 Comments

  1. The middle class, including union workers, have no more to pay.

    It is up to those that benefit the most from workers below them to pay more.

    Rauner only pays up to the $1118,500 limit toward social security which is broke from borrowing for the Iraq war and tax breaks for the rich.

    This money is owed to it and those that benefitted should pay it back.

  2. That would not be Bruce Rauner!

    Karma better get some facts straight, Iraq war was financed by money borrowed from SS, I don’t think so.

  3. Karma, you sound like Eleanor Clift when she says something really really stupiod……

  4. Karma, you sound like Eleanor Clift when she says something really really stupid……

  5. All of you sound like Grover Norquist but he is richer than all of you and has brainwashed you people into the slogan lower taxes.

    Look it up federal taxes are the lowest in history.

    Eisenhower a republican charged corporations 90% tax and you know what the corporations prospered and so did the middle class.

  6. The modern republican party is the welfare party because they want things but don’t want to pay for them.

    The old republican party was the party of Teddy Roosevelt and Eisenhower now it is Ted Cruz ( a joke because his wife is on leave as a big time Goldman Sachs employee) and Trump ( welfare queen who takes government money for his bankruptcies etc and hates all that are not white and never explains his plans except to say they will be great).

  7. …on that note…did you all see Iran tesed a cruise missle today????

Leave a Reply

Your email address will not be published. Required fields are marked *