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Thursday, November 21, 2024

Hancock County residents rank 90th in total sales taxes paid in Illinois for August

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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 August, according to Illinois tax records.

In total, Hancock County residents paid $55,084 in sales taxes during August.

Hancock County also ranked 90th in the Prairie State the month before, with $59,089 spent in sales taxes.

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

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 August
Countywide Sales Tax [51.6%]County Sales Tax [48.4%]

Sales Taxes Collected in Hancock County in August
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$28,435-6.7
County Sales Tax$26,649-6.8

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