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Southern Illinois News

Friday, November 8, 2024

Cypress residents pay $194 in Municipal Sales Tax in July

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Cypress taxpayers paid $194 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $152 was collected.

Taxpayers in Cypress have paid $3,119 in Municipal Sales Tax in the last 12 months.

The Municipal Sales Tax is collected for municipal governments' use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent 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.

Municipal Sales Tax collected in Cypress in last 12 months
MonthAmount Collected% Change from Previous Month
July$19427.6
June$152-55.2
May$33945.5
April$233102.6
March$115-75.3
February$46553
January$30427.2
December 2021$239-42.4
November 2021$415104.4
October 2021$203-11
September 2021$228-1.7
August 2021$232-40.2

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