Quantcast

Kankakee Times

Monday, November 25, 2024

Iroquois County collects $723,296 in Countywide Sales Tax in 2022

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Iroquois County taxpayers paid $723,296 in Countywide Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant decrease from the previous year, where Countywide Sales Tax collection stood at $769,365.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Countywide Sales Tax Collected in Iroquois County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$723,296-6
2021$769,36550.4
2020$511,5063.4
2019$494,828-8.5

MORE NEWS