Quantcast

Kankakee Times

Monday, November 18, 2024

Iroquois County ranks 71st in total sales taxes paid in Illinois during August

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Iroquois County taxpayers ranked 71st in total sales taxes paid per county in August, according to Illinois tax records.

In total, Iroquois County residents paid $148,814 in sales taxes during August.

Iroquois County ranked 72nd in the Prairie State the month before, with $151,985 spent in sales taxes.

The Countywide Sales Tax accounted for the largest share of sales taxes paid by Iroquois County residents in August.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Iroquois County in August
Countywide Sales Tax [41.3%]Special County Retailers Occupation Tax [35.2%]County Sales Tax [23.5%]

Sales Taxes Collected in Iroquois County in August
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$61,534-4.3
Special County Retailers Occupation Tax$52,323-2.8
County Sales Tax$34,9563.2

MORE NEWS