Budget, Tax & Revenue

Public services in Illinois, from education to public safety, are in trouble.  The problem is not spending, Illinois is a low spending state ranking 42nd nationally, the trouble is the state’s revenue system was developed decades ago and cannot deal with the costs of funding public services in the 21st century.  Illinois has a tax system so antiquated it does not grow with the economy and is one of the most unfair systems in the nation, placing a larger tax burden on low and middle-income residents.  This means state funding for public services like education and public safety is unable to grow with inflation and is often cut from year to year.

 

The Center for Tax and Budget Accountability analyzes these budget, tax and revenue challenges facing Illinois to highlight fiscal policies that are both unsound and place an unfair burden on low and middle income residents.  Additionally, CTBA identifies structural budget issues and possible solutions to ensure that essential state government services are adequately funded and that the state’s tax burden falls fairly upon all Illinoisans.  CTBA also works with coalitions, government officials and elected representatives to promote fair fiscal policies that will benefit all residents of Illinois. 

Analysis & Reports

BY SUBJECT

 

State Fiscal System

 

State & County Budget Analysis

 

Structural Deficit

 

Revenue Options and Analysis

 

Property Tax

 

Income Tax

 

Sales Tax

 

Estate Tax

 

Gross Receipts Tax

 

Human Services Budget

 

Health Care Budget

 

Education Budget

 

Environmental Agency Budget

 

Illinois Lottery

 

National Comparisons