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South Central Reporter

Thursday, November 14, 2024

Macoupin County taxpayers give $50,909 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Macoupin County taxpayers paid $50,909 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 $54,890.

Over the past 12 months, Macoupin County's residents have collectively paid a total of $646,381 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
May$50,909-7.3
April$54,89022.9
March$44,662-7.8
February$48,462-23.4
January$63,2915.2
December 2023$60,1830.1
November 2023$60,1292.7
October 2023$58,56321.5
September 2023$48,201-9.1
August 2023$53,0226.1
July 2023$49,960-7.7
June 2023$54,10915.7

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