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Income tax hike will cost Fayette County residents $3.7 million more this year

Jake Leonard by Jake Leonard
July 26, 2017 - Updated on July 27, 2017
in Illinois
Reading Time: 2 mins read
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VANDALIA (Heartland Newsfeed) — Fayette County residents will pay an additional $ 3,717,845 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 Fayette County communities will pay the most: Vandalia ($1,744,224 total/$459 per person), Saint Elmo ($445,244/$444), Ramsey ($427,646/$424) and Brownstown ($406,059/$444).

Retroactive to July 1, the higher rate — now 4.95%, up from 3.75% — 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.

—

How much more will your community pay?

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

Ranking Community Zip Estimated State Income Tax Increase
1 Vandalia 62471 $1,744,224
2 Saint Elmo 62458 $445,244
3 Ramsey 62080 $427,646
4 Brownstown 62418 $406,059
5 Farina 62838 $330,768
6 Shobonier 62885 $170,002
7 Saint Peter 62880 $150,383
8 Bingham 62011 $43,519
Total $3,717,845

Sources: Illinois Department of Revenue; Blockshopper.com

Top income tax-paying communities in Fayette County

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

Ranking Community Zip Average State Income Tax Increase Total Returns filed by Zip
1 Saint Peter 62880 $476 316
2 Farina 62838 $474 698
3 Vandalia 62471 $459 3,802
4 Shobonier 62885 $452 376
5 Saint Elmo 62458 $444 1,002
6 Brownstown 62418 $444 914
7 Bingham 62011 $435 100
8 Ramsey 62080 $424 1,009

Sources: Illinois Department of Revenue; Blockshopper.com; Illinois Senate Democrats

*Assumes tax increase will meet Senate Democrats’ projections.

Jake Leonard
Website | + posts

Jake Leonard, a broadcast media and journalism veteran, is the editor-in-chief of Heartland Newsfeed. Leonard is also GM and program director of Heartland Newsfeed Radio Network, wrestling editor and contributing writer for Ambush Sports, a contributing writer for My Sports Vote and Midwest Sports Network, and a former contributor to Bleacher Report and Overtime Heroics. He resides at home in Nokomis, Ill. with his dog Buster.

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