This is an increase over the month before when $46,927 was collected.
Taxpayers in Madison have paid $525,855 in Municipal Sales Tax in the last 12 months.
The Municipal Sales Tax is collected for municipal governments' 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.
Municipal Sales Tax collected in Madison in last 12 months
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $57,792 | 23.2 |
June | $46,927 | 11.8 |
May | $41,971 | -7.5 |
April | $45,397 | 43.3 |
March | $31,679 | -9.4 |
February | $34,976 | -13 |
January | $40,188 | -6.4 |
December 2021 | $42,946 | 9.1 |
November 2021 | $39,358 | -26.1 |
October 2021 | $53,248 | 6.2 |
September 2021 | $50,131 | 21.6 |
August 2021 | $41,242 | -20.1 |