Metro-East News

Rauner paid $50 million in state and federal taxes in 2015

Associated Press

Illinois Gov. Bruce Rauner
Illinois Gov. Bruce Rauner

Illinois Gov. Bruce Rauner has released his 2015 tax returns showing he earned nearly $200 million and paid about $50 million in federal and state income taxes.

The former venture capitalist also released details Friday about charitable contributions from his family's foundation that totaled more than $11.6 million last year.

Republican Rauner's adjustable gross income in 2015 was $187.6 million. Almost $170 million came from investments.

He paid $43.3 million in federal taxes and $6.9 million in state taxes.

In last year's returns, Rauner's income was $58.3 million and paid more than $18 million in taxes.

Rauner spokeswoman Catherine Kelly says Rauner and his wife, Diana, do not know the source of the increased income because of a blind trust set up when Rauner took office which screens "all financial decisions, and the details behind those decisions."

Contributions from the Rauner Family Foundation included $10,000 to the American Diabetes Association and $100,000 to Teach for America. Yale University and Dartmouth College each received $250,000. Dartmouth is Rauner's alma matter and his wife, Diana, graduated from Yale.

Rauner also poured about $30 million of his personal wealth into support GOP candidates in Tuesday's election, giving money to both political committees and individuals. Those donations are not tax-deductible.