Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
In total, Algonquin residents paid $14.9 million in sales taxes during 2022.
Algonquin ranked 64th in the Prairie State the year before, with $13.2 million spent in sales taxes.
The Municipal Sales Tax accounted for the largest share of sales taxes paid by Algonquin residents in 2022.
As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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 Algonquin in 2022
| Type of Tax | Amount Collected in Year | % Change From Previous Year |
|---|---|---|
| Municipal Sales Tax | $9,164,972 | 6.5 |
| Municipal Home Rule Sales Tax | $5,754,783 | 24.7 |
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