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Saturday, February 22, 2020

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


By Metric Media News Service | Feb 13, 2020

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Alexander County residents will have to pay $1,479,452 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 Alexander County that will be the most affected by Pritzker's proposal is Cairo, with residents expected to pay an additional $397,306 in income taxes -- approximately $419 per person in the labor force. Olive Branch will pay only $183,043 more -- approximately $1,077 per person in the labor force in comparison, the least among Alexander County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Mc Clure
Olive Branch

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 CairoVillage of ThebesVillage of TammsOlive Branch

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