Reports

The Case for Creating a Graduated Income Tax in Illinois

RELEASED: 

February 1, 2012

Creating a graduated rate structure for the Illinois individual income tax is one  long-term, structural policy change that would simultaneously stimulate job growth in the state, tax people more fairly and reduce Illinois’ General Fund deficits.This Report explains why a graduated rate structure is needed in Illinois, and how it would impact taxpayers and the state's budget.

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Topics:Tax and Budget, Income Tax, Revenue Policy

Tags:State Budget, State Revenue, Deficit, Graduated Income Tax, Inequality

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