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Peoria Standard

Monday, November 25, 2024

Canton taxpayers give $177,549 in Municipal Sales Tax in March

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Canton taxpayers paid $177,549 in Municipal Sales Tax in March, according to Illinois tax records.

This is a decrease from the month before when $184,044 was collected.

Taxpayers in Canton have paid $2.5 million in Municipal Sales Tax in the last 12 months.

The Municipal Sales Tax is collected for municipal governments' use.

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.

Municipal Sales Tax collected in Canton in last 12 months
MonthAmount Collected% Change from Previous Month
March$177,549-3.5
February$184,044-21.7
January$234,98714
December 2021$206,0680.8
November 2021$204,3951.9
October 2021$200,540-0.1
September 2021$200,666-4.6
August 2021$210,300-0.1
July 2021$210,562-12.3
June 2021$240,21012.9
May 2021$212,739-6.3
April 2021$227,01835.8

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