Quantcast

Metro East Sun

Monday, November 25, 2024

Madison County residents paid 10th-largest sum in sales taxes in Illinois during March

Webp david harris 4

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Madison County taxpayers paid the 10th largest sum in sales taxes in March, according to Illinois tax records.

In total, Madison County residents paid $2.5 million in sales taxes during March.

Madison County also ranked 10th in the Prairie State the month before, with $2.6 million spent in sales taxes.

The Metro-East Transit District Sales Tax accounted for the largest share of sales taxes paid by Madison County residents in March.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 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 Madison County in March
Metro-East Transit District Sales Tax [37.4%]Countywide Sales Tax [31.7%]County Flood Protection Tax [24.9%]County Sales Tax [6%]

Sales Taxes Collected in Madison County in March
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$934,314-5.6
Countywide Sales Tax$792,788-3.7
County Flood Protection Tax$621,629-4.4
County Sales Tax$149,863-4.7

MORE NEWS