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Pritzker claims the additional tax revenue will "eliminate the budget deficit."
The city in Clay County that will be the most affected by Pritzker's proposal is Flora, with residents expected to pay an additional $2,764,642 in income taxes -- approximately $1,138 per person in the labor force. Ingraham will pay only $163,425 more in comparison, the least among Clay County cities.
The following table shows how other cities in Clay County are affected.
How much more will residents from Clay County pay on the proposal?
City | Total Expected Income Tax burden | Total Increase | Per Person Increase |
---|---|---|---|
Flora | $7,055,389 | $2,764,642 | $1,138 |
Louisville | $3,295,023 | $1,291,149 | $2,522 |
Xenia | $1,906,976 | $747,245 | $3,207 |
Clay City | $1,668,914 | $653,961 | $1,853 |
Edgewood | $948,232 | $371,563 | $1,480 |
Ingraham | $417,062 | $163,425 | -- |
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.