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Quincy Reporter

Saturday, November 23, 2024

Quincy collects $9 million in Municipal Home Rule Sales Tax in 2020

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Quincy taxpayers paid $9 million in Municipal Home Rule Sales Tax in 2020, according to Illinois tax records.

This is an increase over the year before when $8.5 million was collected.

The Municipal Home Rule 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 Home Rule Sales Tax collected in Quincy in recent years
YearAmount Collected% Change from Previous Year
2020$9,048,5396.3
2019$8,512,499-9.6

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