Temporary tax relief starts Friday


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.

Region: Metro East,Feeds,News

via news-rss https://ift.tt/d9Iuqsp

June 30, 2022 at 02:27PM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s