Illinois Gov. J.B. Pritzker plans to use his annual budget address Wednesday to offer consumers relief from soaring inflation by lifting or rebating some of the biggest pains in the pocketbook — taxes paid in the grocery checkout line, at the gas pump and to the property tax collector.
—Suspend for one year the 1% sales tax on groceries. That would save consumers $360 million, Manar said. Local municipalities get that money, but the state would replace it.13 states impose sales tax on groceries
And Illinois has scaled back significantly. Sales tax on food and drugs were 4% until January 1980, dropped to 3% that year and to 2% in 1981. When the current state-local tax of 6.25% took effect in 1990, sales tax on food dropped to 1%.. To fund Pritzker's $45 billion statewide construction plan in 2019, the tax was doubled to 38 cents and indexed to inflation annually. Without a freeze, it would increase 6.9% to 41.4 cents July 1, Manar said.
The $135 million lost would not affect state construction in the coming fiscal year, and the newly minted federal infrastructure plan will funnel additional money to Illinois, Manar said.of up to 5% of property taxes paid. Single filers earning less than $250,000 could see that credit doubled in the form of a state rebate.
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