This figure marks a significant increase from the previous year, where County Sales Tax collection stood at $4.2 million.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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.
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2022 | $5,009,102 | 19.9 |
2021 | $4,178,021 | 31 |
2020 | $3,189,199 | 11.2 |
2019 | $2,868,051 | -11.5 |
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