Quantcast

Kane County Reporter

Saturday, November 23, 2024

Kane County residents paid 6th-largest sum in sales taxes in Illinois during February

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kane County taxpayers paid the sixth largest sum in sales taxes in February, according to Illinois tax records.

In total, Kane County residents paid $4.3 million in sales taxes during February.

Kane County also ranked sixth in the Prairie State the month before, with $5.5 million spent in sales taxes.

The County Share of RTA Sales Tax accounted for the largest share of sales taxes paid by Kane County residents in February.

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 Kane County in February
County Share of RTA Sales Tax [43.2%]Countywide Sales Tax [33.7%]County Motor Fuel Tax [18.4%]County Sales Tax [4.6%]

Sales Taxes Collected in Kane County in February
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$1,845,184-22.4
Countywide Sales Tax$1,441,539-25.7
County Motor Fuel Tax$788,323-11.1
County Sales Tax$198,492-35.2

MORE NEWS