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Sunday, November 24, 2024

Bond County residents rank 68th in total sales taxes paid in Illinois for January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Bond County taxpayers ranked 68th in total sales taxes paid per county in January, according to Illinois tax records.

In total, Bond County residents paid $195,827 in sales taxes during January.

Bond County ranked 70th in the Prairie State the month before, with $162,748 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Bond County residents in January.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in Bond County in January
County School Facility Tax [68.1%]Countywide Sales Tax [19.2%]County Sales Tax [12.7%]

Sales Taxes Collected in Bond County in January
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$133,32119.3
Countywide Sales Tax$37,69023.3
County Sales Tax$24,81621.5

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