Inflation Related Rebates Coming For Illinois Residents

SPRINGFIELD, Ill. (AP)  Democrats who run state government are celebrating tax rebates heading to 6 million taxpayers. Rebates on income and property taxes are part of a $1.83 billion inflation-relief package built into this year’s budget. Payments started going out Monday. Republicans say the plan is nothing more than a vote grab…since most of the rebates are one-time payments scheduled to hit just before the election, while other relief efforts expire shortly after. Revenue Director David Harris says individual taxpayers making less than $200,000 will receive a $50 rebate, with $100 to couples filing jointly earning less than $400,000. Taxpayers will also receive $100 for up to three claimed dependents.

Associated Press (9-13-22)