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Saturday, November 2, 2024

Rose on Senate Bill 157: “We just want to give them their money back”

Chapinrosesenator

Sen. Chapin Rose | SenChapinRose.com

Sen. Chapin Rose | SenChapinRose.com

Sen. Chaplin Rose says that they just want to give people their money back.

Rose spoke about permanent tax relief on the Senate floor on Apr. 9.

"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. It creates several tax incentives for taxpayers in the state and gives them a little relief after the high inflation the country is currently experiencing.

The bill 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.

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