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Monday, November 25, 2024

$1,015 in Municipal Automobile Renting Tax collected in May for Summit

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Summit taxpayers paid $1,015 in Municipal Automobile Renting Tax in May, according to Illinois tax records.

This is an increase over the month before when no taxes were collected.

Taxpayers in Summit have paid $11,660 in Municipal Automobile Renting Tax in the last 12 months.

The Municipal Automobile Renting 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 Automobile Renting Tax collected in Summit in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,015-
April$0-100
March$652-9.6
February$721-3
January$7431.5
December 2021$732-12.6
November 2021$838-8.6
October 2021$917-10.8
September 2021$1,028-41.7
August 2021$1,7633.2
July 2021$1,70810.7
June 2021$1,543-3.9

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