| Center for Tax and Budget Accountability

Illinois Budget

Funding Our Future: Reforming Illinois Tax Policy

Release: October 29, 2010

This Report is a thorough analysis of the Illinois’s long-term spending patterns, budget problems and tax policy.

State Budget, Taxes, Inequality, Graduated Income Tax, Deficit, General Fund

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.

FY2009, FY2010, General Fund, State Revenue, Taxes, Deficit, Short Term Borrowing

Moving Forward

Release: March 11, 2009

How the state elects to resolve its record deficit will have a meaningful impact on the size and duration of the recession in the state's economy. Given this scenario, the state's best hope of growing its economy and countering the recession is to close its deficit by raising taxes progressively and maintaining or expanding spending on services.

State Budget, Deficit, Great Recession, Taxes, Illinois Economy, Graduated Income Tax, Economic Multiplier