Governor Bruce Rauner recently released his 2015 Federal and State Tax Returns, as well as the Rauner family’s charitable givings. According to the tax returns, Governor Rauner and his family paid more than $50 million in taxes. They also donated more than $11.6 million in 2015.
Governor Rauner’s 2015 Tax Summary included:
- Income on Federal Return- $188.2 million
- Adjusted Gross Income on Federal Return- $187.6 million
- Taxable Income on Federal Return- $176.7 million
- Federal Income Taxes Paid- $43.3 million
- Federal Effective Tax Rate on Taxable Income- 24.5%
- Federal Effective Tax Rate on Adjusted Gross Income- 23.1%
- Illinois Taxable Income on State Return-$188.2 million
- Illinois Income Taxes Paid- $6.9 million