News

Dems: Show Us Your Taxes, Rauner

Dems: Show Us Your Taxes, Rauner

Democratic lawmakers are calling on Bruce Rauner to release his full tax returns.

The Chicago Tribune reported that most of the millions that Rauner has earned in recent years was taxed at 15 percent — less than half the top rate charged to the wealthiest Americans at the federal level. By reporting little business income on his returns, Rauner did not pay any taxes towards Social Security or Medicare in 2010 or 2011.

To State Rep. Barbara Flynn Currie (D-Chicago), that’s a loophole that should be closed. “Something’s wrong with that picture,” Currie said, “and I think he owes it to us, as we think about taxes in the country, to make sure we know how it was that he was able to duck out on responsibilities that the rest of us share.”

Currie and State Sen. Michael Hastings (D-Orland Hills) want Rauner to release more detailed information on the taxes he paid from 2010 to 2012. The Rauner campaign says Rauner has not released his most recent tax return after filing an extension.

Gov. Pat Quinn called the reports on Rauner’s taxes “extremely disturbing” at a bill signing Wednesday, but didn’t elaborate on which strategies he found troubling.

 

Recent Headlines

in Local

Higher Speed Limits Expanding to Tollroads: Senate Overrides Vetoes

speed limit 70

The Illinois Senate has overridden the governor's vetoes of bills raising speed limits in Illinois.

in Local

Supreme Court Decision: Illinois May Have To Set Up Its Own Website

online-health-620x400

Illinois may have to set up its own insurance webpage because of U.S. Supreme Court's ruling on Affordable Care Act.

in Election 2014, Local

Governor-Elect Rauner Prepares To Take Reins of Illinois’ Government

governor's mansion

Governor-Elect Bruce Rauner busies himself with plans for taking reins of Illinois' government.

in Local

Heroin Kills: Man Sentenced To 24 Years For Dealing Lethal Drug

heroin

A Pekin man is given 24 years in prison for selling heroin that prosecutors say killed at least three people.

in Local

Springfield Fire Captain Arrested for Wielding Gun

gun

The Menard County Sheriff's office says a Springfield Fire Department captain has been arrested for carrying a shotgun into a rural Athens home and threatening residents.