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Thursday, November 14, 2024

Henry County residents paid 26th-largest sum in sales taxes in Illinois during March

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid the 26th largest sum in sales taxes in March, according to Illinois tax records.

In total, Henry County residents paid $652,601 in sales taxes during March.

Henry County ranked 25th in the Prairie State the month before, with $640,264 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Henry County residents in March.

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 Henry County in March
County School Facility Tax [52%]Special County Retailers Occupation Tax [25.8%]Countywide Sales Tax [16%]County Sales Tax [6.2%]

Sales Taxes Collected in Henry County in March
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$339,355-0.6
Special County Retailers Occupation Tax$168,3612
Countywide Sales Tax$104,3735.7
County Sales Tax$40,51116.2

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