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Lake County Gazette

Saturday, November 23, 2024

Libertyville residents rank 68th in total sales taxes paid per municipality in Illinois for 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Libertyville taxpayers ranked 68th in total sales taxes among Illinois municipalities in 2022, according to Illinois tax records.

In total, Libertyville residents paid $13.8 million in sales taxes during 2022.

Libertyville ranked 71st in the Prairie State the year before, with $11.7 million spent in sales taxes.

The Municipal Sales Tax accounted for the largest share of sales taxes paid by Libertyville residents in 2022.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in Libertyville in 2022
Municipal Sales Tax [71.3%]Non-Home Rule Sales Tax [28%]Municipal Automobile Renting Tax [0.7%]

Sales Taxes Collected in Libertyville in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$9,838,11015.2
Non-Home Rule Sales Tax$3,859,33824.6
Municipal Automobile Renting Tax$91,97516.5

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