Illinois Governor Candidate Rauner Releases Tax Returns

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CHICAGO (AP) -- A Republican who's trying to run for Illinois governor reported more than $53 million in income last year.

Winnetka venture capitalist Bruce Rauner also disclosed his ownership stakes in three professional sports franchises, including the Chicago Bulls in his 2012 tax return Monday.

The Chicago Sun-Times reports he paid $10.1 million in federal taxes last year and another $2.6 million in state taxes.

In a statement, Rauner says he's worked "extremely hard" and feels "incredibly blessed to have earned financial success."

In previous years, Rauner reported $28.1 million in 2011 and $27.1 million in 2010. Rauner says if he's elected he'd put his holdings in a blind trust.

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