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Monday, November 25, 2024

Stephenson County residents paid 41st-largest sum in sales taxes in Illinois during May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stephenson County taxpayers paid the 41st largest sum in sales taxes in May, according to Illinois tax records.

In total, Stephenson County residents paid $456,845 in sales taxes during May.

Stephenson County ranked 47th in the Prairie State the month before, with $394,139 spent in sales taxes.

The Special County Retailers Occupation Tax accounted for the largest share of sales taxes paid by Stephenson County residents in May.

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 Stephenson County in May
Special County Retailers Occupation Tax [50.1%]Countywide Sales Tax [30.7%]County Sales Tax [19.1%]

Sales Taxes Collected in Stephenson County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Special County Retailers Occupation Tax$229,10313
Countywide Sales Tax$140,33811.8
County Sales Tax$87,40432.6

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