What is the fuel tax in Illinois?

State gas taxes Illinois has the fifth-highest gas tax nationally at 40 cents per gallon, according to new data from the federal government.

What is the tax on diesel fuel in Illinois?

diesel fuel – $0.334 per gallon. combustible gases – $0.283 per gallon.

What is the state of Illinois tax rate?

6.25 percent
Illinois has a 6.25 percent state sales tax rate, a 4.75 percent max local sales tax rate, and an average combined state and local sales tax rate of 8.81 percent. Illinois’s tax system ranks 36th overall on our 2022 State Business Tax Climate Index.

Why is Illinois gas so high?

There also are higher taxes imposed in Illinois on gasoline compared with other states. The state raised its motor fuel tax on July 1, 2021, by a half-cent to 39.2 cents per gallon in addition to other assorted sales taxes. That’s on top of a federal gas tax of 18.4 cents.

How much is the new Illinois gas tax?

Meanwhile, Illinois lawmakers are in the final weeks of budget talks that will determine whether the state reduces its tax burden. Illinois’ motor fuel tax doubled in 2019 from 19 cents to 38 cents a gallon, as part of a package to fund the bipartisan $45 billion Rebuild Illinois capital program.

What is the Illinois tax rate for 2021?

Illinois Tax Brackets for Tax Year 2021 2021 Illinois net income is taxed at a 4.95% flat rate.

Is Illinois a high tax state?

Illinois now levies the nation’s highest state and local tax rates on residents, costing each household $9,488 – or more than 15% of their annual income – in 2022, a new WalletHub report found. That tax load is nearly 39% more annually than the nation’s average.

Why is gas cheaper in Wisconsin than Illinois?

Gas taxes are a big reason for the price difference. Illinois’ state gas tax, of 39.1 cents per gallon is the fourth-highest in the nation. The state gas tax in Wisconsin is 32.9 cents, that’s 11th nationally.

Which state has highest gas tax?

California has the highest tax rate on gasoline in the United States. As of March 2022, the gas tax in California amounted to 68 U.S. cents per gallon, compared with a total gas price of 5.79 U.S. dollars per gallon. Meanwhile, Alaska had the lowest gas tax out of all U.S. states, at 14 U.S. cents in 2021.

Which state has the highest gas tax?

What is the gas tax in Chicago?

39.2 cents per gallon
Chicago drivers pay a state 39.2 cents per gallon motor fuel tax, an additional $. 08 for a city gas tax and another $. 06 for Cook County. Chicago drivers pay a state 39.2 cents per gallon motor fuel tax, an additional 8 cents for a city gas tax and another 6 cents for Cook County.