Gov. Bruce Rauner reports more than $170 million in income for 2015

Nora Shelly, City Editor

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Gov. Bruce Rauner and his wife have reported more than $170 million in income for 2015.

The Rauners had a taxable federal income of $176.7 million and paid more than $50 million in state and federal taxes on that income. They had a state taxable income of $188.2 million and paid a total effective tax rate on income of more than 26 percent.

In a news release, Rauner announced his family’s philanthropic foundation made contributions of more than $11.6 million.

Rauner personally donated more than $30 million to state elections this year, including a $1 million donation to a group supporting Republican candidate for Comptroller Leslie Munger in late October. He also donated $9 million to a campaign group for Illinois Rep. James Durkin (R-Western Springs). Durkin is the House Republican leader.

In 2015, Rauner reported a $58 million dollar income for 2014. Since becoming governor, he has not had control over his business’ investments, which are set up in a blind trust. Rauner ran an investment fund before running for governor.

At an event on Friday, Rauner said maybe not having control over his investments had been a good thing.

“They seem to be doing better,” he said.

Email: norashelly2019@u.northwestern.edu
Twitter: @noracshelly

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