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Rauner Releases Tax Returns


Illinois 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.

According to a news release, last year, the Rauners paid more than $18 million in federal and state taxes on income of $58.3 million.

The Rauners and their family foundation also 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