East Central Reporter

East Central Reporter

Friday, April 3, 2020

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


By East Central Reporter Reports | Feb 15, 2020

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Richland County residents will have to pay $7,155,636 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 an East Central Reporter analysis of Illinois Department of Revenue data.

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

The city in Richland County that will be the most affected by Pritzker's proposal is Olney, with residents expected to pay an additional $5,296,647 in income taxes -- approximately $1,293 per person in the labor force. Calhoun will pay only $153,173 more -- approximately $1,647 per person in the labor force in comparison, the least among Richland County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase

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 IllinoisVillage of ParkersburgCity of OlneyCity of NobleVillage of ClaremontVillage of Calhoun

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