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home : news : state news free June 25, 2016

   
11/26/2013 12:38:00 PM
GOP governor candidate Rauner releases tax returns

CHICAGO (AP) — A Republican who’s running to become Illinois governor reported more than $53 million in income last year while disclosing he has ownership stakes in three professional sports franchises, including the Chicago Bulls.

Winnetka venture capitalist Bruce Rauner (ROW’-nur) released his 2012 tax return Monday.

The Chicago Sun-Times reports (http://bit.ly/IqoXPZ ) he paid $10.1 million in federal taxes last year and another $2.6 million in state taxes.

He reported $28.1 million in income in 2011 and $27.1 million in 2010.

In a statement, Rauner says he’s worked “extremely hard” and feels “incredibly blessed to have earned financial success.”

Meanwhile, a spokesman says Rauner owns a stake in the Bulls as well as the Pittsburgh Steelers and Boston Red Sox.

Rauner says if he’s elected he’d put his holdings in a blind trust.


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