Illinois trails only California in marijuana tax revenue – Center Square

Overall, tax receipts grew by 10% in Illinois last year, with all the growth coming despite the state being slow to distribute new licenses. In addition, the state charges some of the highest taxes in the country at nearly 40% when local taxes are included, compared to just 10% for Michigan.
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Pensions Paid First
3 years ago

The state needs tax revenue and consumers are willing to give it. It needs to start taxing services as well. Well done.

Plenty more revenue for the state, just need the political will to make it happen. It’s ok if Illinois doesn’t do it right away as the state can just raise taxes even more later.

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