East Central Reporter

Sen. Chaplin Rose fully supports the tax relief package, especially at the time of inflation.

Rose gives a speech about permanent tax relief on the Senate floor on Apr. 9. This tax relief package will provide the citizens with monetary relief in this time of inflation.

"Ladies and gentlemen, you could easily repeat the arguments we have two hours ago on temporary versus permanent and the fact that we filed permanent relief and yours sunsets at the end of the year, conveniently after the election. But, here's what it comes down to and I listen to your leaders closing which is very good. It comes down to philosophical differences. Everybody wants to help people, right? You guys want to help people, we want to help people. But the difference is this: you guys want to spend other people's money to help people. We just want to give them their money back. That's it. It's just a philosophical difference and it sums up the right and the left in this country. It sums up the two parties. We believe that if you let people spend their own money, they will spend it wisely and they'll make the right decisions for them and their families. That's it.," said Rose.

Senate Bill 157 passed both the Senate and the House unanimously. It passed the House on Apr. 9. The tax relief package has been hailed as "probably one of the largest savings to taxpayers that we've seen in the last decade" by Sen. Michael Hastings, as reported by Capitol News.

Senate Bill 157 creates several tax incentives for taxpayers in the state and gives them a little relief considering the high rate of inflation that the citizens are currently going through. All the Illinoisans who have an annual income of less than $200,000 will get checks of $50, and this is applicable to single filers. For those who file jointly and earn less than $400,000 in a year, they will get checks of $100. Moreover, families would be getting checks of $100 for every dependent with up to three members.

Senate Bill 157 also creates the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act, which was a big selling point for Republican legislators. MICRO will create tax incentives for manufacturers of semiconductors, microchips, or semiconductor or microchip component parts.