Quantcast

Illinois Valley Times

Thursday, November 21, 2024

McNabb residents pay $99,124 in Municipal Sales Tax in 2021

2edited

McNabb taxpayers paid $99,124 in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $72,853 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 McNabb in recent years
YearAmount Collected% Change from Previous Year
2021$99,12436.1
2020$72,85313.6
2019$64,126-5.4

MORE NEWS