Taxpayers Federation of Illinois

Flickr user: TaxCredits.net

Stores in Illinois keep a portion of what you pay in sales tax. Think of it like a collection fee, though in state government shorthand it’s called a retail discount.

The amount is based on a percentage of what they collect. So the more they sell, the more they keep.

Gov. J.B. Pritzker wants to cap that amount to $1,000 per month for each retailer. It’s one of several proposals aimed at addressing a $3.2 billion deficit in next year’s budget.

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As Democrats and Republicans try to make local property taxes into an election-year political issue — state lawmakers are looking to cut tax rates for senior citizens.