Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $7,399.
Over the past 12 months, Wabash County's residents have collectively paid a total of $118,698 in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $10,747 | 45.2 |
| June | $7,399 | -2 |
| May | $7,550 | -22.8 |
| April | $9,782 | 2.2 |
| March | $9,576 | -34.8 |
| February | $14,691 | 35.4 |
| January | $10,851 | -4.7 |
| December 2023 | $11,384 | 26.9 |
| November 2023 | $8,968 | 19.7 |
| October 2023 | $7,492 | -3 |
| September 2023 | $7,724 | -38.4 |
| August 2023 | $12,534 | 19 |
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