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Will County Gazette

Sunday, November 24, 2024

Shorewood taxpayers give $420,963 in Municipal Sales Tax in February

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Shorewood taxpayers paid $420,963 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $519,203 was collected.

Taxpayers in Shorewood have paid $5.5 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 Shorewood in last 12 months
MonthAmount Collected% Change from Previous Month
February$420,963-18.9
January$519,20311.3
December 2021$466,4416.9
November 2021$436,534-1.6
October 2021$443,7410.4
September 2021$441,809-1
August 2021$446,452-10
July 2021$496,247-4.2
June 2021$518,20211.4
May 2021$465,377-5.1
April 2021$490,43238.9
March 2021$353,113-6.7

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