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Quincy Reporter

Friday, November 22, 2024

Quincy residents pay $885,588 in Municipal Sales Tax in February

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Quincy taxpayers paid $885,588 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $1.2 million was collected.

Taxpayers in Quincy have paid $12.1 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 Quincy in last 12 months
MonthAmount Collected% Change from Previous Month
February$885,588-23.3
January$1,154,5709.4
December 2021$1,055,1405.6
November 2021$999,5671.5
October 2021$984,9401
September 2021$974,725-0.6
August 2021$980,822-3.9
July 2021$1,020,340-6.8
June 2021$1,094,2506.9
May 2021$1,023,950-9.3
April 2021$1,128,45042.7
March 2021$790,684-9.4

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