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Wednesday, November 6, 2024

Mount Vernon 42nd-highest taxed Illinois municipality in 2020

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Mount Vernon taxpayers paid the 42nd highest amount in sales taxes in 2020, according to Illinois tax records.

Taxpayers in Mount Vernon paid $15.1 million in 2020.

Mount Vernon was ranked 44th the year before.

Of all the taxes Mount Vernon residents paid for, Municipal Home Rule Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in Mount Vernon in 2020
Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Home Rule Sales Tax$9,485,7239
Municipal Sales Tax$5,590,4136.8
Municipal Automobile Renting Tax$13,454-14

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