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South West Illinois News

Tuesday, April 16, 2024

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

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Tamaroa residents will have to pay $895,060 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 SW Illinois News analysis of Illinois Department of Revenue data.

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

The city in Perry County that will be the most affected by Pritzker's proposal is Du Quoin, with residents expected to pay an additional $3,726,838 in income taxes -- approximately $1,477 per person in the labor force. Willisville will pay only $170,928 more -- approximately $617 per person in the labor force in comparison, the least among Perry County cities.

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

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

CityTotal Expected Income Tax burdenTotal IncreasePer Person Increase
Du Quoin$9,510,921$3,726,838$1,477
Pinckneyville$7,422,171$2,908,365$2,153
Coulterville$2,777,902$1,088,516$4,062
Tamaroa$2,284,200$895,060$3,185
Cutler$492,208$192,871$1,054
Willisville$436,210$170,928$617

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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