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Budget Blog: Illinois Farms and the Fair Tax
CTBA investigated how the Fair Tax would impact the industry that controls nearly 75 percent of the state's total land—the farming industry. About two-thirds of the farms in Illinois earned a profit in 2017. The average net profit was $118,236, meaning the average farm in Illinois would see some tax relief under the Fair Tax legislation.
The Center for Tax and Budget Accountability (CTBA) is a preeminent source for objective, reliable, and relevant information and analysis of local, state, and federal tax and budget-related issues.
CTBA Services And Capabilities
As a bipartisan 501(c)(3) nonprofit organization, CTBA focuses on research, analysis, and policy development in the core areas of:
- Fiscal Policy (Tax, Budget, etc.)
- Education
- Healthcare
- Human Services
- Workforce/Economic Development, and
- Public Pension Systems
CTBA Resources
We offer a number of resources for learning about public policy, the legislative process, and budgetary basics.