Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $26,659.
Over the past 12 months, Mercer County's residents have collectively paid a total of $322,077 in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above 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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $20,491 | -23.1 |
June | $26,659 | 6.8 |
May | $24,965 | -7.8 |
April | $27,075 | 10.4 |
March | $24,519 | 7.8 |
February | $22,743 | -27.1 |
January | $31,190 | -3 |
December 2023 | $32,151 | -4.8 |
November 2023 | $33,771 | 20.8 |
October 2023 | $27,945 | 20 |
September 2023 | $23,295 | -14.6 |
August 2023 | $27,273 | -10.2 |