State Revenue

Released April 5, 2011

Illinois does not currently tax pensions or retirement funds such as 401(k) plans. This Fact Sheet provides an estimate how much revenue could be generated by taxing some retirement income.

Released August 25, 2006

2006 national comparison of total state and local revenue as a percentage of personal income. 

Released January 1, 2003

An overview of Public Act 93-30, which decoupled Illinois from the federal estate tax.

Released June 7, 2006

CTBA’s analysis of the 2006 proposed sale or lease of the State of Illinois Lottery to generate revenue for funding K-12 education.

Released January 31, 2007

An overview and chart of revenue options for Illinois.

Released July 16, 2007

An overview and charts of the potential revenue options for Illinois, and what that revenue could be used for.

Released July 2, 2009

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

Released September 30, 2010

This Issue Brief analyzes various 2010 tax proposals.

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.

Released June 30, 2004

CTBA's analysis of the final, FY2004 General Fund budget.

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