In June, Westmont, IL ranked 72nd in sales tax contributions, generating $1.2M with a 10.25% state tax rate.
In June, Westmont, Illinois ranked 72nd in sales tax contributions, generating $1.2 million. The state's total sales tax rate is 10.25%, one of the highest nationally. Illinois has the second highest property and corporate income taxes, prompting concerns among residents about the rising tax burden. Many are leaving for lower-tax states, which adds pressure on remaining residents. Advocates urge for policies to support taxpayers and retain Illinois families.
September 14, 2024
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