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Friday, February 21, 2020

Analysis: How much more will Union County residents pay in income taxes?


By Metric Media News Service | Feb 14, 2020

Money 05

Union County residents will have to pay $6,675,217 more in state income taxes if Gov. J.B. Pritzker's proposed tax hike is to generate the $10.3 billion in additional tax revenue that he has promised, according to a Southern Illinois News analysis of Illinois Department of Revenue data.

Pritzker claims the additional tax revenue will "eliminate the budget deficit."

The city in Union County that will be the most affected by Pritzker's proposal is Anna, with residents expected to pay an additional $2,928,613 in income taxes -- approximately $1,676 per person in the labor force. Wolf Lake will pay only $158,031 more in comparison, the least among Union County cities.

The following table shows how other cities in Union County are affected.

How much more will residents from Union County pay on the proposal?

Total Expected Income Tax burden
Total Increase
Per Person Increase
Alto Pass
Wolf Lake

Per person increases have been calculated using the most recent data about people in the labor force as provided by the U.S. Census Bureau's ongoing American Community Survey.

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Organizations in this Story

State of IllinoisCity of AnnaCity of JonesboroVillage of CobdenVillage of DongolaVillage of Alto Pass

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