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Monday, April 29, 2024

McDonough County residents paid 34th-largest sum in sales taxes in Illinois during January

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McDonough County taxpayers paid the 34th largest sum in sales taxes in January, according to Illinois tax records.

In total, McDonough County residents paid $584,261 in sales taxes during January.

McDonough County ranked 35th in the Prairie State the month before, with $526,791 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by McDonough County residents in January.

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 McDonough County in January
County School Facility Tax [46.3%]Special County Retailers Occupation Tax [34.6%]Countywide Sales Tax [13.7%]County Sales Tax [5.5%]

Sales Taxes Collected in McDonough County in January
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$270,43210.3
Special County Retailers Occupation Tax$201,96210.3
Countywide Sales Tax$79,8617.8
County Sales Tax$32,00630.3

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