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East Central Reporter

Wednesday, November 6, 2024

Iola residents pay $127 in Municipal Sales Tax in July

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Iola taxpayers paid $127 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $124 was collected.

Taxpayers in Iola have paid $1,569 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 Iola in last 12 months
MonthAmount Collected% Change from Previous Month
July$1272.4
June$124-6.8
May$133-9.5
April$14758.1
March$93-12.3
February$106-36.1
January$16612.9
December 2021$147-8.7
November 2021$16117.5
October 2021$1370.7
September 2021$13647.8
August 2021$92-5.2

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