West Central Reporter

West Central Reporter

Monday, February 17, 2020

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


By Metric Media News Service | Feb 14, 2020


McDonough County residents will have to pay $11,790,814 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 West Central Reporter analysis of Illinois Department of Revenue data.

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

The city in McDonough County that will be the most affected by Pritzker's proposal is Macomb, with residents expected to pay an additional $7,042,018 in income taxes -- approximately $812 per person in the labor force. Bardolph will pay only $56,631 more -- approximately $534 per person in the labor force in comparison, the least among McDonough County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Good Hope
Prairie City

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.

Want to get notified whenever we write about any of these organizations ?

Sign-up Next time we write about any of these organizations, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

State of IllinoisVillage of SciotaCity of BushnellCity of MacombCity of ColchesterVillage of TennesseeVillage of Good HopeVillage of IndustryVillage of Prairie CityVillage of BlandinsvilleVillage of BardolphAdair

More News