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Tag Archives: sales tax

MINIMAL IMPACT FROM END OF E-10 TAX CREDIT

Despite the Illinois General Assembly’s decision to end the tax credit for gasoline containing 10% ethanol, industry experts expect the impact at the gas pump to be minimal. “There’s a 20% sales tax credit,” said Tricia Braid, communications director, Illinois Corn Growers’ Association. “If we assume that sales tax credit was being accrued to the… read more

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SALES TAX VOTES

Kankakee County proposes two sales tax hike measures. In Morgan County, voters will decide on a school facilities sales tax hike of a full percent. Morgan and Kankakee counties aren’t the only counties looking to increase the sales tax by a full percentage point … twelve other counties have proposed sales tax increases on the… read more

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