Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $187,328.
Over the past 12 months, McDonough County's residents have collectively paid a total of $2.2 million in Special County Retailers Occupation Tax.
The Special County Retailers Occupation 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 |
|---|---|---|
| October | $192,598 | 2.8 |
| September | $187,328 | 10.5 |
| August | $169,596 | -5.6 |
| July | $179,684 | -4.1 |
| June | $187,445 | 5 |
| May | $178,460 | -0.3 |
| April | $179,055 | 11.1 |
| March | $161,098 | 4.1 |
| February | $154,690 | -20.3 |
| January | $194,128 | 2.1 |
| December 2022 | $190,123 | 2.1 |
| November 2022 | $186,159 | -1.4 |
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