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Will County Gazette

Sunday, November 24, 2024

$5.4 million in Municipal Sales Tax collected in 2021 for Shorewood

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Shorewood taxpayers paid $5.4 million in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $4.6 million was collected.

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 Shorewood in recent years
YearAmount Collected% Change from Previous Year
2021$5,395,62217.5
2020$4,592,47111.4
2019$4,122,837-8.9

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