DeKalb Times

DeKalb Times

Friday, February 28, 2020

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

Politics

By Metric Media News Service | Feb 13, 2020

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Lee County residents will have to pay $18,112,641 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 DeKalb Times analysis of Illinois Department of Revenue data.

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

The city in Lee County that will be the most affected by Pritzker's proposal is Dixon, with residents expected to pay an additional $11,397,297 in income taxes -- approximately $1,732 per person in the labor force. Nachusa will pay only $20,758 more in comparison, the least among Lee County cities.

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

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

City
Total Expected Income Tax burden
Total Increase
Per Person Increase
Dixon
$29,085,995
$11,397,297
$1,732
Amboy
$5,231,142
$2,049,814
$1,723
Ashton
$2,159,811
$846,318
$1,528
Franklin Grove
$1,961,601
$768,650
$1,582
Paw Paw
$1,699,974
$666,132
$1,845
Steward
$1,287,641
$504,560
$2,727
Sublette
$1,172,656
$459,503
$1,831
Compton
$991,016
$388,328
$2,835
Lee
$939,616
$368,187
$1,888
West Brooklyn
$874,561
$342,695
$5,272
Harmon
$661,463
$259,193
$3,503
Eldena
$105,156
$41,205
--
Nachusa
$52,975
$20,758
--

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 IllinoisCity of DixonCity of AmboyVillage of HarmonVillage of ComptonVillage of StewardVillage of West BrooklynVillage of AshtonVillage of Franklin GroveVillage of SubletteVillage of Paw Paw

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