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Illinois GOP Announces Proposal to Fight Inflation

ILLINOIS HOUSE REPUBLICAN LAWMAKERS ARE PROPOSING A RELIEF PACKAGE TO HELP COMBAT RISING INFLATION. 

 

THE ONE POINT FOUR BILLION DOLLAR PLAN INCLUDES A ONE-TIME TAX CREDIT OF UP TO 400 DOLLARS, DEPENDING ON INCOME. IT WOULD BE APPLIED TO TAXES FILED NEXT YEAR AND IS NEEDED AS EVERYTHING FROM THE COST OF BACON TO NATURAL GAS IS GOING UP SAYS LITCHFIELD REPRESENTATIVE AVERY BOURNE.

 

 

IT WOULD BE APPLIED WHEN YOU FILE TAXES IN THE SPRING SAYS REPRESENTATIVE TOM DEMMER OF DIXON.

 

 

THE G-O-P SAYS THIS COULD BE PAID FOR WITH FEDERAL COVID-19 RELIEF MONEY AND HOPES THE PROPOSAL IS APPROVED WHEN THE LEGISLATURE RETURNS TO SPRINGFIELD IN JANUARY.

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