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Tuesday, November 5, 2024

Loami residents pay $9,043 in Municipal Sales Tax in June

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Loami taxpayers paid $9,043 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $7,614 was collected.

Taxpayers in Loami have paid $88,568 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 Loami in last 12 months
MonthAmount Collected% Change from Previous Month
June$9,04318.8
May$7,6142.9
April$7,39725
March$5,917-15.6
February$7,011-2.1
January$7,163-19.5
December 2021$8,89723.3
November 2021$7,214-5.8
October 2021$7,6627.5
September 2021$7,1305.6
August 2021$6,749-0.3
July 2021$6,771-6.1

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