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Tuesday, November 5, 2024

Analysis: Income tax hike will cost White County residents 3.8M more this year

White county courthouse in carmi

White County Courthouse in Carmi, a city where residents are projected to experience a $1,868,229 tax increase this year. | Nyttend via Wikimedia Commons

White County Courthouse in Carmi, a city where residents are projected to experience a $1,868,229 tax increase this year. | Nyttend via Wikimedia Commons

White County residents will pay an additional $3,778,891 in state income taxes this year, according to an analysis by Local Government Information Services (LGIS).

LGIS combined Illinois Department of Revenue data with a forecast by Senate Democrats to estimate how much additional income tax will be paid in each Illinois zip code.

The following White County communities will pay the most: Carmi ($1,868,229 total/$584 per person), Norris City ($695,662/$615), Grayville ($430,724/$493) and Crossville ($282,578/$589). 

Retroactive to July 1, the higher rate — now 4.95 percent, up from 3.75 percent — will be withheld from employee paychecks over the last six months of 2017.

Before the hike, someone earning $50,000 paid $72 in state income tax per paycheck when paid twice a month. That person will now pay $95, or an additional $600 per year.

Senate Democrats estimate the tax hike will siphon $4.453 billion more this year from individual taxpayers. Businesses will pay another $1 billion.

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How much more will your community pay?

State income taxes have increased to 4.95 percent from 3.75 percent. This chart shows how much more taxpayers in your community will pay for state government.

RankingCommunityZipEstimated State Income Tax Increase
1Carmi62821$1,868,229
2Norris City62869$695,662
3Grayville62844$430,724
4Crossville62827$282,578
5Enfield62835$255,542
6Mill Shoals62862$102,359
7Springerton62887$84,183
8Burnt Prairie62820$47,597
9Maunie62861$12,019

Total

$3,778,891
Sources: Illinois Department of Revenue; Blockshopper.com

 

Top income tax-paying communities in White County

This chart shows the ranking of communities by highest income taxes paid in White County.

RankingCommunityZipAverage State Income Tax IncreaseTotal Returns filed by Zip
1Burnt Prairie62820$69069
2Springerton62887$638132
3Mill Shoals62862$628163
4Norris City62869$6151,132
5Crossville62827$589480
6Carmi62821$5843,199
7Enfield62835$552463
8Grayville62844$493873
9Maunie62861$40130
Sources: Illinois Department of Revenue; Blockshopper.com; Illinois Senate Democrats

*Assumes tax increase will meet Senate Democrats' projections.

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