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Saturday, November 16, 2024

Farina collects $196,854 in Municipal Sales Tax in 2021

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Farina taxpayers paid $196,854 in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $159,892 was collected.

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 Farina in recent years
YearAmount Collected% Change from Previous Year
2021$196,85423.1
2020$159,8926.9
2019$149,606-11.6

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