Tax returns released Wednesday show Republican gubernatorial nominee Darren Bailey endured major financial ups and downs on his downstate farm during the past five years, including two years of net losses.
Those losses came during the pandemic, but Bailey's top-earning year in 2018 yielded more than $200,000 in adjusted gross income. That income came on top of hundreds of thousands of dollars in federal farm subsidies Bailey and his wife received since 2017.
Bailey's campaign released five years of tax returns — reversing an earlier decision to keep them private. A day after winning the GOP primary, the downstate farmer told the Sun-Times he would not be releasing any of his returns. He was also asked if he was a millionaire.
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