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Will County Gazette

Sunday, November 24, 2024

Shorewood residents rank 73rd in total sales taxes paid per municipality in Illinois for 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Shorewood taxpayers ranked 73rd in total sales taxes among Illinois municipalities in 2022, according to Illinois tax records.

In total, Shorewood residents paid $12.6 million in sales taxes during 2022.

Shorewood ranked 75th in the Prairie State the year before, with $11.5 million spent in sales taxes.

The Municipal Home Rule Sales Tax accounted for the largest share of sales taxes paid by Shorewood residents in 2022.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in Shorewood in 2022
Municipal Home Rule Sales Tax [54.6%]Municipal Sales Tax [45.4%]Non-Home Rule Sales Tax [0%]

Sales Taxes Collected in Shorewood in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Home Rule Sales Tax$6,868,00212
Municipal Sales Tax$5,707,6705.8
Non-Home Rule Sales Tax$3,6626.6

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