Quantcast

Metro East Sun

Thursday, May 2, 2024

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

Webp david harris 1

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 July, according to Illinois tax records.

In total, Madison County residents paid $3.3 million in sales taxes during July.

Madison County also ranked 10th in the Prairie State the month before, with $3.1 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 July.

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 July
Metro-East Transit District Sales Tax [36.1%]Countywide Sales Tax [31.5%]County Flood Protection Tax [24.9%]County Sales Tax [7.5%]

Sales Taxes Collected in Madison County in July
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$1,177,7984.3
Countywide Sales Tax$1,025,9505.8
County Flood Protection Tax$811,3814.5
County Sales Tax$245,35828.2

MORE NEWS