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Pritzker claims the additional tax revenue will "eliminate the budget deficit."
The city in Mercer County that will be the most affected by Pritzker's proposal is Aledo, with residents expected to pay an additional $2,722,074 in income taxes -- approximately $1,703 per person in the labor force. Preemption will pay only $105,325 more in comparison, the least among Mercer County cities.
The following table shows how other cities in Mercer County are affected.
How much more will residents from Mercer County pay on the proposal?
City | Total Expected Income Tax burden | Total Increase | Per Person Increase |
---|---|---|---|
Aledo | $6,946,755 | $2,722,074 | $1,703 |
Sherrard | $4,761,277 | $1,865,698 | $4,833 |
Viola | $2,043,273 | $800,653 | $1,799 |
New Boston | $1,675,802 | $656,660 | $3,333 |
New Windsor | $1,569,694 | $615,082 | -- |
Reynolds | $1,556,819 | $610,037 | $2,328 |
Joy | $1,153,293 | $451,916 | $1,883 |
Matherville | $881,948 | $345,590 | $784 |
Keithsburg | $639,490 | $250,583 | $956 |
Seaton | $589,511 | $230,999 | $2,243 |
North Henderson | $385,636 | $151,111 | $1,757 |
Preemption | $268,790 | $105,325 | -- |
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.