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Monday, November 25, 2024

Posen residents pay $69,040 in Municipal Sales Tax in May

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Posen taxpayers paid $69,040 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $81,132 was collected.

Taxpayers in Posen have paid $838,209 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 Posen in last 12 months
MonthAmount Collected% Change from Previous Month
May$69,040-14.9
April$81,13231.1
March$61,9023.6
February$59,742-21.3
January$75,9447.1
December 2021$70,9027.3
November 2021$66,059-8.9
October 2021$72,4946.1
September 2021$68,299-2.2
August 2021$69,8281.6
July 2021$68,701-7.4
June 2021$74,1666.7

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