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Illinois residents' tax burden decreases, study says


Source: WBEZ

October 24, 2012 @ 2:14 PM

A new study shows taxes are taking a smaller chunk out of Illinois residents' incomes.Research from the non-partisan think tank Tax Foundation shows state and local taxes paid by Illinois residents were taking 10.2 percent out of their average incomes in fiscal year 2010.  That year, residents were paid $4,512 in taxes per capita, while making $44,224 in incomes per capita.It's a slight decrease from the fiscal year 2009 study, when 10.5 percent of Illinois residents' incomes went to state and local taxes, according to revised numbers from the Tax Foundation.   

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