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Monday, November 25, 2024

Mount Vernon taxpayers give $666,508 in Municipal Sales Tax in July

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Mount Vernon taxpayers paid $666,508 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $644,075 was collected.

Taxpayers in Mount Vernon have paid $7 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 Mount Vernon in last 12 months
MonthAmount Collected% Change from Previous Month
July$666,5083.5
June$644,0755.3
May$611,765-3.8
April$635,60329.4
March$491,061-3.2
February$507,221-24
January$667,51118
December 2021$565,785-3
November 2021$583,5107.1
October 2021$544,727-2.1
September 2021$556,457-1.1
August 2021$562,544-8.3

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