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Monday, November 25, 2024

Vermilion County residents paid 46th-largest sum in sales taxes in Illinois during July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Vermilion County taxpayers paid the 46th largest sum in sales taxes in July, according to Illinois tax records.

In total, Vermilion County residents paid $416,920 in sales taxes during July.

Vermilion County ranked 44th in the Prairie State the month before, with $440,527 spent in sales taxes.

The Countywide Sales Tax accounted for the largest share of sales taxes paid by Vermilion County residents in July.

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 Vermilion County in July
Countywide Sales Tax [45.6%]Special County Retailers Occupation Tax [39.2%]County Sales Tax [15.1%]

Sales Taxes Collected in Vermilion County in July
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$190,170-5.3
Special County Retailers Occupation Tax$163,590-5.5
County Sales Tax$63,159-5.1

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