Macon Reporter

Macon Reporter

Thursday, February 27, 2020

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


By Metric Media News Service | Feb 13, 2020

Shutterstock 267646277

Moultrie County residents will have to pay $8,216,037 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 Macon Reporter analysis of Illinois Department of Revenue data.

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

The city in Moultrie County that will be the most affected by Pritzker's proposal is Sullivan, with residents expected to pay an additional $5,322,129 in income taxes -- approximately $2,405 per person in the labor force. Gays will pay only $342,635 more -- approximately $2,315 per person in the labor force in comparison, the least among Moultrie County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Dalton 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

Village of GaysVillage of Dalton CityCity of SullivanVillage of BethanyVillage of Lovington

More News