Federal Income Taxes for Illinois Workers

Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. A July 8, 2014 Economic Commentary by the Illinois Economic Policy Institute investigates the effective tax rates paid by Illinois workers across occupations. The study– Illinois Federal Income Taxes: By Occupation, 2011-2013 [PDF]– finds five key takeaways: The majority of workers in Illinois (60 percent) pay federal income taxes; The average effective federal income tax rate for all Illinois workers is 13 percent (but 21 percent for only those workers with any federal income tax liability); The average effective … Continue reading Federal Income Taxes for Illinois Workers