Quantcast

West Central Reporter

Monday, April 15, 2024

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

Adobestock 226444001

Adobe Stock

Adobe Stock

Greene County residents will have to pay $5,576,302 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 Greene County that will be the most affected by Pritzker's proposal is Carrollton, with residents expected to pay an additional $1,887,469 in income taxes -- approximately $1,397 per person in the labor force. Wrights will pay only $21,664 more in comparison, the least among Greene County cities.

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

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

CityTotal Expected Income Tax burdenTotal IncreasePer Person Increase
Carrollton$4,816,837$1,887,469$1,397
White Hall$2,559,626$1,002,985$900
Roodhouse$2,500,677$979,886$1,365
Greenfield$2,250,498$881,854$1,505
Kane$710,497$278,407$2,062
Eldred$504,065$197,517$2,743
Rockbridge$421,074$164,997$2,012
Hillview$329,817$129,238$2,267
Patterson$82,392$32,285--
Wrights$55,286$21,664--

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.

!RECEIVE ALERTS

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

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS