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Chicago City Wire

Monday, November 25, 2024

Chicago residents pay $321.5 million in Municipal Sales Tax in 2021

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Chicago taxpayers paid $321.5 million in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $244.9 million was collected.

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 Chicago in recent years
YearAmount Collected% Change from Previous Year
2021$321,468,23631.3
2020$244,892,650-11.2
2019$275,654,904-6.7

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