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Saturday, November 23, 2024

Hancock County residents rank 89th in total sales taxes paid in Illinois for May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hancock County taxpayers ranked 89th in total sales taxes paid per county in May, according to Illinois tax records.

In total, Hancock County residents paid $60,056 in sales taxes during May.

Hancock County ranked 90th in the Prairie State the month before, with $64,513 spent in sales taxes.

The County Sales Tax accounted for the largest share of sales taxes paid by Hancock County residents in May.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 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 Hancock County in May
County Sales Tax [50%]Countywide Sales Tax [50%]

Sales Taxes Collected in Hancock County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County Sales Tax$30,040-4.9
Countywide Sales Tax$30,016-8.9

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