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Monday, November 25, 2024

$2.4 million in Special County Retailers Occupation Tax collected in 2020 for Franklin County

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Franklin County taxpayers paid $2.4 million in Special County Retailers Occupation Tax in 2020, according to Illinois tax records.

This is an increase over the year before when $753,705 was collected.

The Special County Retailers Occupation Tax is collected for county 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.

Special County Retailers Occupation Tax collected in Franklin County in recent years
YearAmount Collected% Change from Previous Year
2020$2,359,467213
2019$753,705-

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