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Sunday, November 24, 2024

Prairie State taxes: Pike County residents rank 61st in total sales taxes paid for July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers ranked 61st in total sales taxes paid per county in July, according to Illinois tax records.

In total, Pike County residents paid $224,420 in sales taxes during July.

Pike County ranked 62nd in the Prairie State the month before, with $236,346 spent in sales taxes.

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

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 Pike County in July
County School Facility Tax [51.3%]Special County Retailers Occupation Tax [26.5%]Countywide Sales Tax [14.4%]County Sales Tax [7.9%]

Sales Taxes Collected in Pike County in July
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$115,066-4.8
Special County Retailers Occupation Tax$59,397-1.2
Countywide Sales Tax$32,270-3.9
County Sales Tax$17,688-19

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