Illinois Economy

Released September 11, 2007

This Issue Brief provides an overview of the tax expenditures available to corporations in Illinois.

Released January 23, 2008

This Issue Brief explains how Illinois' tax system is unfair, and how it can be improved.

Released 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.

Released May 23, 2012

Presentation on why Illinois needs tax reform, and the case for a graduated income tax.

Released January 29, 2007

This Issue Brief provides an overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system. An updated Issue Brief was published by CTBA in 2008.

Released January 17, 2007

An analysis of the state's fiscal system finds that Illinois’ state deficit will increase to more than $6 Billion over the next five years, without adding or expanding any programs. This deficit increase is the result of a tax system that does not generate enough revenue to continue funding the c

Released 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.

Released 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.

Released January 4, 2011

This Fact Sheet provides an overview of House Joint Resolution Constitutional Amendment (HJRCA) 61.  HJRCA 61 was a proposed Constitutional Amendment that would limit growth in appropriations for General Fund spending to the average annual percentage increase in state per capita personal income o

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