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Carbondale Reporter

Saturday, November 23, 2024

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

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Herrin residents will have to pay $10,705,748 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 Carbondale Reporter analysis of Illinois Department of Revenue data.

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

The city in Williamson County that will be the most affected by Pritzker's proposal is Marion, with residents expected to pay an additional $27,435,960 in income taxes -- approximately $3,492 per person in the labor force. Colp will pay only $187,290 more -- approximately $1,601 per person in the labor force in comparison, the least among Williamson County cities.

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

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

CityTotal Expected Income Tax burdenTotal IncreasePer Person Increase
Marion$70,016,794$27,435,960$3,492
Carterville$29,307,463$11,484,079$3,903
Herrin$27,321,156$10,705,748$1,822
Carbondale$15,172,895$5,945,473$480
Johnston City$10,371,027$4,063,869$2,518
Creal Springs$6,226,236$2,439,740$14,876
Pittsburg$3,376,845$1,323,211$6,392
Energy$2,756,361$1,080,075$2,152
Cambria$1,169,652$458,326$670
Hurst$1,113,946$436,498$1,219
Colp$477,966$187,290$1,601

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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