Cook County taxpayers paid $95 million in County Home Rule Sales Tax in August, according to Illinois tax records.
This figure marks a significant decrease from the previous month, where County Home Rule Sales Tax collection stood at $101.4 million.
Over the past 12 months, Cook County’s residents have collectively paid a total of $1.1 billion in County Home Rule Sales Tax.
The County Home Rule 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| August | $94,955,000 | -6.4 |
| July | $101,434,000 | 4.4 |
| June | $97,204,900 | 10 |
| May | $88,355,000 | -1.4 |
| April | $89,571,100 | 17.6 |
| March | $76,173,800 | -1.9 |
| February | $77,619,400 | -27.8 |
| January | $107,555,000 | 16.9 |
| December 2022 | $92,005,900 | -1.5 |
| November 2022 | $93,362,500 | -0.9 |
| October 2022 | $94,242,900 | 2.7 |
| September 2022 | $91,728,900 | -1.9 |
