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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?
City | Total Expected Income Tax burden | Total Increase | Per Person Increase |
---|---|---|---|
Cairo | $1,013,928 | $397,306 | $419 |
Tamms | $1,009,197 | $395,452 | $1,798 |
Thebes | $792,509 | $310,543 | $2,043 |
Mc Clure | $492,813 | $193,108 | -- |
Olive Branch | $467,127 | $183,043 | $1,077 |
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.