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Rauner: 'We've Paid Full Taxes as Appropriate'

Rauner: 'We've Paid Full Taxes as Appropriate'
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By The Associated Press
Jul. 11, 2014 | SPRINGFIELD, IL
By The Associated Press Jul. 11, 2014 | 01:55 PM | SPRINGFIELD, IL
Republican Bruce Rauner will not say whether he believes it's fair that as a wealthy businessman, he was able to avoid paying Social Security and Medicare taxes in 2010 and 2011.

 

The candidate for Illinois governor was asked about a Chicago Tribune report last week. It showed business income-loss tax rules allowed Rauner to pay no Social Security or Medicare taxes in those years despite income of $55 million.

Rauner told reporters in Springfield that "we've paid full taxes as appropriate.'' Asked whether the exemption is fair to all wage-earners, he said: "We can talk about how we should reform our tax code.'' He says that discussion is forthcoming.

Rauner's opponent, Democratic Gov. Pat Quinn, has repeatedly called on Rauner to release his complete tax records.

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