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Tuesday, November 26, 2024

Prairie State taxes: Hamilton County residents rank 70th in total sales taxes paid for October 2023

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Hamilton County taxpayers ranked 70th in total sales taxes paid per county in October 2023, according to Illinois tax records.

In total, Hamilton County residents paid $147,104 in sales taxes during October 2023.

Hamilton County ranked 75th in the Prairie State the month before, with $124,289 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Hamilton County residents in October 2023.

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 Hamilton County in October 2023
County School Facility Tax [38.4%]Special County Retailers Occupation Tax [38.2%]County Sales Tax [12.5%]Countywide Sales Tax [11%]

Sales Taxes Collected in Hamilton County in October 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$56,44915.5
Special County Retailers Occupation Tax$56,15815.4
County Sales Tax$18,35040.5
Countywide Sales Tax$16,14818

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