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Friday, November 22, 2024

Madison taxpayers give $2,188 in Business District Tax in 2021

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Madison taxpayers paid $2,188 in Business District Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $828 was collected.

The Business District Tax is collected for other taxing jurisdictions use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent 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.

Business District Tax collected in Madison in recent years
YearAmount Collected% Change from Previous Year
2021$2,188164.3
2020$828-89.1
2019$7,568-45.1

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