This is an increase over the month before when $575 was collected.
Taxpayers in Magnolia have paid $7,453 in Municipal Sales Tax in the last 12 months.
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 Magnolia in last 12 months
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| January | $621 | 8 |
| December 2021 | $575 | -14.6 |
| November 2021 | $673 | 5.5 |
| October 2021 | $638 | -10.5 |
| September 2021 | $713 | -11.6 |
| August 2021 | $807 | -3.9 |
| July 2021 | $840 | 47.4 |
| June 2021 | $570 | 23.1 |
| May 2021 | $463 | -45.8 |
| April 2021 | $854 | 209.4 |
| March 2021 | $276 | -34.8 |
| February 2021 | $423 | 225.4 |
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