Good Money After Bad: "Transferability" Would Make EDGE Tax Credits Even More Dubious Economic Policy
Release: May 15, 2017
The Economic Development for a Growing Economy ("EDGE") Tax Credit program has released more than $1.6 billion in credits to companies promising to create or retain jobs in Illinois since its creation in 1999. But the evidence that tax incentive programs like EDGE produce real economic growth is limited, and EDGE credits in particular have been abused by companies simply moving jobs from one part of the state to another, as found by a 2015 Chicago Tribune investigation.
Wrong Time to Implement New Tax Breaks
Release: November 30, 2011
An analysis of Senate Bill 397 of the 97th General Assembly, which would have provided $250 million tax expenditures to various businesses at a time when Illinois was facing budget deficit and cuts to spending on core services.
Written Summary of Corporate Income Tax Expenditure Testimony
Release: July 19, 2011
The written summary of Ralph Martire's testimony on corporate income tax expenditures to the joint House and Senate revenue committee in August 2011.
Landmark Decision by the Illinois Supreme Court in Provena Covenant Medical Center
Release: March 18, 2010
A Fact Sheet on the Illinois Supreme Court's ruling on Provena.
An Update: An Analysis of the Tax Exemptions Granted to Cook County Non-Profit Hospitals and the Charity Care Provided in Return
Release: April 10, 2009
An update to CTBA's 2006 study comparing the value of the tax breaks received by Cook County non-profit hospitals to the charity care they provide in return.