East Central Reporter

East Central Reporter

Saturday, February 22, 2020

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

Politics

By East Central Reporter Reports | Feb 14, 2020

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Cumberland County residents will have to pay $5,494,615 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 Cumberland County that will be the most affected by Pritzker's proposal is Neoga, with residents expected to pay an additional $1,664,148 in income taxes -- approximately $2,012 per person in the labor force. Trilla will pay only $223,474 more in comparison, the least among Cumberland County cities.

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

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

City
Total Expected Income Tax burden
Total Increase
Per Person Increase
Neoga
$4,246,920
$1,664,148
$2,012
Greenup
$3,573,158
$1,400,136
$1,731
Toledo
$3,043,772
$1,192,697
$1,872
Sigel
$1,817,698
$712,262
$3,474
Jewett
$770,448
$301,899
$1,935
Trilla
$570,308
$223,474
--

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 GreenupVillage of JewettCity of NeogaVillage of Toledo

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