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Friday, May 3, 2024

Macoupin County collects $73,668 in County Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Macoupin County taxpayers paid $73,668 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $64,247.

Over the past 12 months, Macoupin County's residents have collectively paid a total of $689,050 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 Macoupin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$73,66814.7
December 2022$64,2472.7
November 2022$62,54416
October 2022$53,923-3
September 2022$55,57821.5
August 2022$45,726-21.3
July 2022$58,071-3.4
June 2022$60,09322.6
May 2022$49,031-15
April 2022$57,67724.2
March 2022$46,429-25.2
February 2022$62,0636.7

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