East Central Reporter

East Central Reporter

Monday, April 6, 2020

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


By East Central Reporter Reports | Feb 20, 2020

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Neoga residents will have to pay $1,664,148 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?

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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