Analysis Shows Illinois has Highest Taxes in Nation
Illinois now has the dubious honor of having the highest taxes in the United States.
The analysis by personal finance website WalletHub looked at state and local taxes, income taxes, real estate taxes, sales and excise taxes, and vehicle property taxes for the report.
The study shows the average Illinois household pays nearly $9,500 a year in state and local taxes, the highest in the nation.
WalletHub’s analysis showed Illinois with the highest overall effective state and local taxes, and the second-highest real estate taxes in the country. Analyst Jill Gonzalez said Illinois’ gas taxes catapulted the state to the top of the tax rankings.
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