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McHenry Times

Sunday, November 24, 2024

McHenry 68th-highest taxed Illinois municipality in 2020

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McHenry taxpayers paid the 68th highest amount in sales taxes in 2020, according to Illinois tax records.

Taxpayers in McHenry paid $9.7 million in 2020.

McHenry was ranked 76th the year before.

Of all the taxes McHenry residents paid for, Municipal Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in McHenry in 2020
Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$6,913,5656.8
Municipal Home Rule Sales Tax$2,750,06928.1

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