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Saturday, November 23, 2024

Hamilton County residents pay $16,034 in Countywide Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hamilton County taxpayers paid $16,034 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $14,148.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $172,480 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above 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.

Countywide Sales Tax Collected in Hamilton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$16,03413.3
December 2022$14,148-5.6
November 2022$14,993-3.5
October 2022$15,5378
September 2022$14,3902
August 2022$14,103-17.2
July 2022$17,03524.5
June 2022$13,681-4.2
May 2022$14,2760.4
April 2022$14,21525.4
March 2022$11,340-10.9
February 2022$12,728-16

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