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Saturday, November 23, 2024

Wayne County taxpayers give $118,794 in Special County Retailers Occupation Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wayne County taxpayers paid $118,794 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $116,651.

Over the past 12 months, Wayne County's residents have collectively paid a total of $1.3 million in Special County Retailers Occupation Tax.

The Special County Retailers Occupation 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.

Special County Retailers Occupation Tax Collected in Wayne County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$118,7941.8
December 2022$116,651-4.4
November 2022$122,0571.8
October 2022$119,9096.6
September 2022$112,50812.9
August 2022$99,691-15.9
July 2022$118,521-4.6
June 2022$124,22021.2
May 2022$102,517-8.8
April 2022$112,47034.6
March 2022$83,570-6.9
February 2022$89,731-20

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