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West Central Reporter

Thursday, November 21, 2024

Prairie State taxes: Hancock County residents rank 90th in total sales taxes paid for May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hancock County taxpayers ranked 90th in total sales taxes paid per county in May, according to Illinois tax records.

In total, Hancock County residents paid $62,298 in sales taxes during May.

Hancock County also ranked 90th in the Prairie State the month before, with $67,752 spent in sales taxes.

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

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 Hancock County in May
Countywide Sales Tax [50.3%]County Sales Tax [49.7%]

Sales Taxes Collected in Hancock County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$31,360-9
County Sales Tax$30,937-7.1

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