GOP gov. candidate Rauner releases tax returns - FOX 10 News | myfoxphoenix.com

GOP gov. candidate Rauner releases tax returns

Posted: Updated:
(BruceRauner.com) (BruceRauner.com)
CHICAGO (Associated Press) -

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 released his 2012 tax return Monday. 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.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Share Your Photos & Video

  • Politics NewsMore>>

  • Mixed feelings over commuter tax proposal

    Mixed feelings over commuter tax proposal

    Tuesday, April 15 2014 1:19 PM EDT2014-04-15 17:19:31 GMT
    An alderman, who first told FOX 32 News about his city income tax proposal two weeks ago, offered new details Monday and won praise from the Chicago Teachers Union.
    An alderman, who first told FOX 32 News about his city income tax proposal two weeks ago, offered new details Monday and won praise from the Chicago Teachers Union.
  • Quinn to tour state promoting housing program

    Quinn to tour state promoting housing program

    Monday, April 14 2014 1:59 PM EDT2014-04-14 17:59:23 GMT
    Illinois Gov. Pat Quinn is hitting the road to trumpet his program aimed at helping first-time homebuyers.
    Illinois Gov. Pat Quinn is hitting the road to trumpet his program aimed at helping first-time homebuyers.
  • Illinois House OKs bill to give pregnant employees new rights

    Illinois House OKs bill to give pregnant employees new rights

    Friday, April 11 2014 11:51 PM EDT2014-04-12 03:51:44 GMT
    A proposed state law would offer pregnant women additional protection at work.
    A proposed state law would offer pregnant women additional protection at work.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices