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Tuesday, November 5, 2024

Oak Lawn residents paid 35th-largest sum in sales taxes per municipality in Illinois during 2022

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Oak Lawn taxpayers paid the 35th largest sum in sales taxes in 2022, according to Illinois tax records.

In total, Oak Lawn residents paid $23.7 million in sales taxes during 2022.

Oak Lawn ranked 34th in the Prairie State the year before, with $21.1 million spent in sales taxes.

The Municipal Sales Tax accounted for the largest share of sales taxes paid by Oak Lawn residents in 2022.

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 Oak Lawn in 2022
Municipal Sales Tax [61.1%]Municipal Home Rule Sales Tax [38.3%]Municipal Automobile Renting Tax [0.6%]

Sales Taxes Collected in Oak Lawn in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$14,514,241-0.2
Municipal Home Rule Sales Tax$9,088,42542.4
Municipal Automobile Renting Tax$145,06610

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