Illinois Valley Times

Putnam County residents will have to pay $3,682,667 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 an Illinois Valley Times analysis of Illinois Department of Revenue data.

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

The city in Putnam County that will be the most affected by Pritzker's proposal is Granville, with residents expected to pay an additional $1,523,414 in income taxes -- approximately $2,140 per person in the labor force. Standard will pay only $138,510 more -- approximately $1,226 per person in the labor force in comparison, the least among Putnam County cities.

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

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

City	Total Expected Income Tax burden	Total Increase	Per Person Increase
Granville	$3,887,765	$1,523,414	$2,140
Hennepin	$2,081,518	$815,639	$1,871
Putnam	$893,716	$350,201	--
Mc Nabb	$826,162	$323,730	--
Magnolia	$769,173	$301,399	$2,283
Mark	$586,382	$229,773	$636
Standard	$353,479	$138,510	$1,226

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.