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Lake County Gazette

Saturday, November 23, 2024

Lake County collects $34.1 million in Countywide Sales Tax in 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Lake County taxpayers paid $34.1 million in Countywide Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where Countywide Sales Tax collection stood at $30.4 million.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Lake County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$34,068,98612.1
2021$30,383,79324.9
2020$24,334,0303.9
2019$23,428,115-13

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