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Friday, November 1, 2024

McCook taxpayers give $105,265 in Municipal Sales Tax in May

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McCook taxpayers paid $105,265 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $111,087 was collected.

Taxpayers in McCook have paid $1.1 million in Municipal Sales Tax in the last 12 months.

The Municipal Sales Tax is collected for municipal governments' use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent 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.

Municipal Sales Tax collected in McCook in last 12 months
MonthAmount Collected% Change from Previous Month
May$105,265-5.2
April$111,08752.1
March$73,053-24.5
February$96,744-0.7
January$97,39614.3
December 2021$85,230-3.5
November 2021$88,30520.9
October 2021$73,049-15.9
September 2021$86,8325
August 2021$82,7267.3
July 2021$77,116-13.5
June 2021$89,11047.3

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