Quantcast

Lake County Gazette

Thursday, November 14, 2024

Lake County responsible for 4th-highest sales tax revenue in Illinois during January

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Lake County taxpayers paid the fourth largest sum in sales taxes in January, according to Illinois tax records.

In total, Lake County residents paid $7.7 million in sales taxes during January.

Lake County also ranked fourth in the Prairie State the month before, with $6.9 million spent in sales taxes.

The County Share of RTA Sales Tax accounted for the largest share of sales taxes paid by Lake County residents in January.

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 Lake County in January
County Share of RTA Sales Tax [50.9%]Countywide Sales Tax [42.5%]County Sales Tax [6.5%]

Sales Taxes Collected in Lake County in January
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$3,911,68211.2
Countywide Sales Tax$3,268,65611.3
County Sales Tax$502,53012.2

MORE NEWS