Quantcast

Chambana Sun

Tuesday, January 21, 2025

Prairie State sales taxes: Vermilion County residents paid 40th-largest sum in October 2024

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Vermilion County taxpayers paid the 40th largest sum in sales taxes in October 2024, according to Illinois tax records.

In total, Vermilion County residents paid $428,399 in sales taxes during October 2024.

Vermilion County ranked 39th in the Prairie State the month before, with $482,903 spent in sales taxes.

The Countywide Sales Tax accounted for the largest share of sales taxes paid by Vermilion County residents in October 2024.

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 October 2024
Countywide Sales Tax [45.2%]Special County Retailers Occupation Tax [39.5%]County Sales Tax [15.2%]

Sales Taxes Collected in Vermilion County in October 2024
Type of TaxAmount Collected in Month% Change From Previous Month
Countywide Sales Tax$193,799-5.7
Special County Retailers Occupation Tax$169,309-3.9
County Sales Tax$65,292-35.5

MORE NEWS