SPRINGFIELD — Illinoisans will receive modest tax relief starting Friday when the state’s new fiscal year begins.
That includes some income tax rebates, property tax rebates, a suspension of the state’s 1 percent tax on groceries, and a six-month pause on the scheduled inflationary increase in the state’s motor fuel tax.
Republicans criticized the tax breaks as too small, noting the grocery tax suspension will only save consumers $1 on a $100 grocery bill and the motor fuel tax savings would save only 22 cents on a 10-gallon tank of gas.
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June 30, 2022 at 02:27PM