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Tuesday, November 19, 2024

Prairie State sales taxes: Vermilion County residents paid 43rd-largest sum in December 2023

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Vermilion County taxpayers paid the 43rd largest sum in sales taxes in December 2023, according to Illinois tax records.

In total, Vermilion County residents paid $434,143 in sales taxes during December 2023.

Vermilion County ranked 46th in the Prairie State the month before, with $424,820 spent in sales taxes.

The Countywide Sales Tax accounted for the largest share of sales taxes paid by Vermilion County residents in December 2023.

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 Vermilion County in December 2023
Countywide Sales Tax [43%]Special County Retailers Occupation Tax [38.2%]County Sales Tax [18.7%]

Sales Taxes Collected in Vermilion County in December 2023
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$186,8460.8
Special County Retailers Occupation Tax$166,0483.7
County Sales Tax$81,2492.3

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