Taxpayers in Lake Zurich paid $8.5 million in 2020.
Lake Zurich was ranked 79th the year before.
Of all the taxes Lake Zurich residents paid for, Municipal Sales Tax was the most contributed to tax.
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.
Sales Taxes Collected in Lake Zurich in 2020
| Type of Tax | Amount Collected in Year | % Change From Previous Year |
|---|---|---|
| Municipal Sales Tax | $6,541,421 | 0.1 |
| Non-Home Rule Sales Tax | $1,990,243 | 1.6 |
| Municipal Automobile Renting Tax | $6,119 | -16.7 |
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