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Peoria Standard

Wednesday, September 18, 2024

Tazewell County residents paid 16th-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

Tazewell County taxpayers paid the 16th largest sum in sales taxes in May, according to Illinois tax records.

In total, Tazewell County residents paid $1.4 million in sales taxes during May.

Tazewell County also ranked 16th in the Prairie State the month before, with $1.5 million spent in sales taxes.

The Special County Retailers Occupation Tax accounted for the largest share of sales taxes paid by Tazewell 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 Tazewell County in May
Special County Retailers Occupation Tax [56.9%]Countywide Sales Tax [36.3%]County Sales Tax [6.8%]

Sales Taxes Collected in Tazewell County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Special County Retailers Occupation Tax$820,344-6.1
Countywide Sales Tax$523,043-5.2
County Sales Tax$98,40710.1

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