This Illinois Tax Hike Calculator Shows How Much More You’ll Pay
If you’re wondering just how much this new 32% tax hike will cost you, this simple calculator will tell you.
It is now official, if you work in Illinois your income tax rate is going up 32% immediately. And it’s retroactive to July 1, 2017, the beginning of the fiscal year. Our tax rate was 3.75%, it is now 4.95%. While it’s estimated that the average Illinois family will pay an additional $1200, this calculator will give you a number specific to you.
Click the calculator below to see how large the ‘tax boot’ in your behind will be.