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Sunday, November 24, 2024

Union County residents pay $155,551 in Special County Retailers Occupation Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Union County taxpayers paid $155,551 in Special County Retailers Occupation Tax in August, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $163,258.

Over the past 12 months, Union County's residents have collectively paid a total of $1.9 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 Union County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$155,551-4.7
July$163,2581.8
June$160,4384.5
May$153,4580.6
April$152,58818
March$129,345-1.7
February$131,580-24.8
January$174,9229.5
December 2022$159,7952.1
November 2022$156,566-10.8
October 2022$175,46418
September 2022$148,690-3.4

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