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Sunday, November 24, 2024

Massac County residents pay $13,471 in County Sales Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Massac County taxpayers paid $13,471 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $19,113.

Over the past 12 months, Massac County's residents have collectively paid a total of $201,737 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.

County Sales Tax Collected in Massac County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$13,471-29.5
April$19,113109.6
March$9,118-58.2
February$21,81025.5
January$17,377-19.8
December 2022$21,67441.5
November 2022$15,318-14.9
October 2022$17,9992.8
September 2022$17,50121.1
August 2022$14,455-14.8
July 2022$16,9650.2
June 2022$16,9364.6

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