Illinois offers temporary sales tax reduction on back-to-school shopping
From Friday, Aug. 7, through Aug. 16 the state’s sales tax on school supplies will be reduced from 6.25% to 1.25%.
Tag: sales tax
More states are moving to scrap sales tax at the grocery store
With high prices at the grocery store, legislators across the middle of the country have moved away from sales taxes on food purchases.
Champaign floats sales tax increase to replace statewide grocery tax
Illinois Governor JB Pritzker signed the state budget on Wednesday that eliminates the statewide, 1 percent grocery tax. Because the tax was a source of revenue for local governments, the city of Champaign is looking for ways to offset a loss of about $2.7 million per year.
10-day sales tax reduction on clothing, school supplies begins Friday
Tax on eligible items will decrease to 1.25% from 6.25% from Aug. 5-14 SPRINGFIELD – Beginning Friday and lasting through Aug. 14, the state will reduce its sales tax rate from 6.25 percent to 1.25 percent for certain clothing items costing less than $125 and school supplies. The “tax holiday” was included in Gov. JB