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Friday, September 20, 2024

Vermilion County responsible for 43rd-highest sales tax revenue in Illinois during June

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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 June, according to Illinois tax records.

In total, Vermilion County residents paid $447,056 in sales taxes during June.

Vermilion County ranked 44th in the Prairie State the month before, with $407,896 spent in sales taxes.

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

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 June
Countywide Sales Tax [45.5%]Special County Retailers Occupation Tax [39.8%]County Sales Tax [14.7%]

Sales Taxes Collected in Vermilion County in June
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$203,3469.4
Special County Retailers Occupation Tax$177,89011.2
County Sales Tax$65,8206.2

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