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Sunday, November 24, 2024

Prairie State taxes: Moultrie County residents rank 55th in total sales taxes paid for May

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Moultrie County taxpayers ranked 55th in total sales taxes paid per county in May, according to Illinois tax records.

In total, Moultrie County residents paid $275,016 in sales taxes during May.

Moultrie County ranked 57th in the Prairie State the month before, with $245,493 spent in sales taxes.

The County Sales Tax accounted for the largest share of sales taxes paid by Moultrie County residents in May.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 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 Moultrie County in May
County Sales Tax [49.2%]Special County Retailers Occupation Tax [32.1%]Countywide Sales Tax [18.7%]

Sales Taxes Collected in Moultrie County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County Sales Tax$135,34719.9
Special County Retailers Occupation Tax$88,2666.5
Countywide Sales Tax$51,4043.2

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