Gov. Rauner Made Over $176 Million in 2015

Gov. Bruce Rauner released his 2015 tax returns Friday, reporting more than $176 million in taxable income.

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Gov. Bruce Rauner released his 2015 tax returns Friday, reporting more than $176 million in taxable income.

Additionally, Rauner reported more than $187 million in gross income in 2015. That’s three times more than the $58 million he and his wife, Diana, reported in 2014, the Chicago Sun-Times reports.

According to that report, Rauner has an estimated net worth of roughly $500 million. Before being elected governor in 2014, Rauner served as the chairman of the private equity firm GTCR, which is based in Chicago.

Rauner’s overall federal tax liability was over $43 million dollars. He also paid nearly $7 million in state income taxes. According to the report from Rauner’s office, the governor and his wife reported charitable donations that totaled more than $11 million.

In Tuesday's election, Rauner was able to chip away at Illinois' Democratic House supermajority after spending more than $30 million on political campaigns across the state, the Sun-Times reports.

The governor has asked for a Monday sit down with House Speaker Michael Madigan, Senate President John Cullerton, House Minority Leader Jim Durkin and Senate Minority Leader Christine Radogno.

“A meeting of the minds with the four legislative leaders and the governor is the prime opportunity to jumpstart our collaborative process,” Radogno said on a conference call Thursday. “The time is now to come together to address the serious issues facing Illinois with comprehensive solutions.”

In June, Rauner signed a stop gap budget that expires at the end of December. A comprehensive, balanced budget will likely be lawmakers' top priority when they reconvene in Springfield later this month. The Illinois General Assembly’s veto session begins Tuesday. 

On Friday, Rauner made his first public appearances since the election, showing up at a series of downstate Veterans Day celebrations.

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