Revenue Policy

The Case for Creating a Graduated Income Tax in Illinois

Release: 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.

Issue Brief: A Comparison of Major Illinois Tax Proposals

Release: September 30, 2010

This Issue Brief analyzes various 2010 tax proposals.

Facing Reality: Illinois Must Raise Revenue to Balance Its Budget

Release: July 2, 2009

This Issue Brief explains why increased revenue is needed to address Illinois' budget deficits.

Analysis of the Fiscal Year 2008 Final General Fund Budget

Release: March 11, 2008

After a record overtime sessions, the Illinois Fiscal Year (FY) 2008 budget was enacted on January 4, 2008. The total enacted General Fund budget for FY 2008 was $27.4 billion. This Report contains CTBA's analysis of the enacted, FY2008 General Fund budget.

Issue Brief: The Illinois Structural Deficit (2008)

Release: January 22, 2008

This Issue Brief provides an updated overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system.

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