Q2 2023 brings $176 million in miscellaneous tax revenue to Illinois

David Harris Commissioner of Revenue at Illinois Department of Revenue
David Harris Commissioner of Revenue at Illinois Department of Revenue - Illinois Department of Revenue
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Illinois collected $176 million in miscellaneous tax revenue during the second quarter of 2023, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is a decrease of 1.1% compared to the previous quarter, when Illinois collected $178 million in such taxes.

Overall, Illinois collected $18.6 billion in combined tax revenues in the second quarter of 2023.

The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q2 2023 Illinois Tax Collections
Type of TaxAmount (in millions of dollars)
Income Taxes$10,450
Sales and Gross Receipts Taxes$6,813
License Taxes$1,118
Miscellaneous Taxes$151
Property Taxes$19
Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.



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