West Central Reporter

West Central Reporter

Wednesday, February 26, 2020

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

Politics

By Metric Media News Service | Feb 13, 2020

Money041

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?

City
Total Expected Income Tax burden
Total Increase
Per 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.

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Organizations in this Story

State of IllinoisCity of White HallCity of CarrolltonCity of RoodhouseVillage of RockbridgeVillage of KaneVillage of EldredVillage of Hillview

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