This week, the federal Bureau of Labor Statistics reported that the consumer price index measure of inflation had surged to 8.5 percent year-on-year. Accelerating inflation and surging gas prices have led numerous states to take action to ease the pain, but few have taken the unusual steps Illinois has to ensure the state’s political class gets the credit it thinks it deserves for it by requiring merchants to post notices or include on receipts statements that certain taxes have been suspended. Joining me to discuss Illinois’s recent tax actions and the state’s compulsory advertising for them is Adam Schuster, vice president of policy at the Illinois Policy Institute.
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