SPRINGFIELD – Governor Bruce Rauner released his 2015 federal and state 1040’s, reflecting income and tax rates, while detailing the Rauner family’s charitable and community giving last year.
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In 2015, the Rauners paid more than $50 million in federal and state taxes on federal taxable income of $176.7 million and state taxable income of $188.2 million for a total effective tax rate on income of more than 26%. Their federal effective tax rate on income was 24.5%.
In addition, the Rauners and their family foundation made charitable contributions totaling more than $11.6 million.
Rauner 2015 Tax Summary:
- 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
View Gov. Rauner's Tax Return Here
View the Rauner Family Foundation's Tax Return Here
