Press Release - Thursday, March 28, 2019
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New Fair Tax Data: In Over Half of Illinois' 102 Counties, Less Than 1% of Taxpayers Pay More
Springfield, Ill. — Statewide, 97 percent of Illinois taxpayers will pay the same or less in state income taxes under Gov. JB Pritzker's fair tax plan, with only 3 percent of taxpayers paying more. County-level data shows that in over half of the state's 102 counties, less than 1 percent of filers will pay more.
The new county-level data illustrates how a vast majority of communities stand to do even better than the statewide average if the governor's fair tax is adopted.
A few sample counties are below:
The new county-level data illustrates how a vast majority of communities stand to do even better than the statewide average if the governor's fair tax is adopted.
A few sample counties are below:
• Adams County (Quincy): 98.44% of taxpayers will pay the same or less while millionaires who make up only 0.15% of the county will pay the top rate.
• Champaign County (Champaign, Urbana): 98.12% of taxpayers will pay the same or less while millionaires who make up only 0.15% of the county will pay the top rate.
• Cook County (Chicago, Schaumburg): 96.78% of taxpayers will pay the same or less while millionaires who make up only 0.40% of the county will pay the top rate.
• Jackson County (Murphysboro, Carbondale): 98.87% of taxpayers will pay the same or less while millionaires who make up only 0.11% of the county will pay the top rate.
• Kane County (Aurora, Geneva): 97.13% of taxpayers will pay the same or less while millionaires who make up only 0.23% of the county will pay the top rate.
• Kankakee County (Kankakee, Manteno): 99.09% of taxpayers will pay the same or less while millionaires who make up only 0.07% of the county will pay the top rate.
• LaSalle County (Ottawa): 99.06% of taxpayers will pay the same or less while millionaires who make up 0.08% of the county will pay the top rate.
• Macon County (Decatur): 98.49% of taxpayers will pay the same or less while millionaires who make up 0.15% of the county will pay the top rate.
• Madison County (Edwardsville, Granite City): 98.72% of taxpayers will pay the same or less while millionaires who make up 0.10% of the county will pay the top rate.
• McHenry County (Crystal Lake, Woodstock): 97.59% of taxpayers will pay the same or less while millionaires who make up 0.19% of the county will pay the top rate.
• McLean County (Bloomington): 97.94% of taxpayers pay the same or less while millionaires who make up 0.18% of the county will pay the top rate.
• Peoria County (Peoria): 97.32% of taxpayers pay the same or less while millionaires who make up 0.22% of the county will pay the top rate.
• Rock Island County (Moline, Rock Island): 99.07% of taxpayers will pay the same or less while millionaires who make up 0.11% of the county will pay the top rate.
• Sangamon County (Springfield): 98.13% of taxpayers will pay the same or less while millionaires who make up 0.13% of the county will pay the top rate.
• St. Clair County (Belleville): 98.80% of taxpayers pay the same or less while millionaires who make up 0.10% of the county will pay the top rate.
• Vermillion County (Danville): 99.42% of taxpayers will pay the same or less while millionaires who make up 0.05% of the county will pay the top rate.
• Winnebago County (Rockford): 98.89% of taxpayers will pay the same or less while millionaires who make up 0.08% of the county will pay the top rate.
Of the over 5.68 million filers in tax year 2016, less than 18,000 millionaires will pay the top rate while 5.52 million taxpayers — 97 percent statewide — will pay the same or less in state income taxes.
See attachment for the impact the fair tax would have in all 102 counties in Illinois.
See attachment for the impact the fair tax would have in all 102 counties in Illinois.
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