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CTBA experts are available to provide insight, analysis, and data to the press on a wide range of public policy issues. In addition, CTBA disseminates new research and timely updates on policy developments to the media.

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November 13, 2014Bloomberg

Illinois Governor-elect Bruce Rauner won a mandate to fix the finances of the lowest-rated U.S. state. Investors are signaling the Republican’s got his work cut out for him to avert a credit downgrade closer to junk.

“….A broader sales tax would generate about $600 million of revenue, and wouldn’t cover lost tax revenue, according to the Chicago-based Center for Tax and Budget Accountability, which calls itself a bipartisan, nonprofit research group.

“We can’t cut our way out of this problem,” said Amanda Kass, the center’s research director. “The revenue loss is so huge that we’d be looking at serious cuts to K-through-12 education, to higher education, public safety.” 

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November 11, 2014Progress Illinois

Hundreds of Chicagoans hit the city's downtown streets Tuesday afternoon to rally for economic justice and demand action from their elected officials on policies important to working families.

The demonstration, held one week after the midterm elections, focused on several key demands, including approval of a state minimum wage increase to $10.65 an hour during the upcoming veto session, adoption of a $15 hourly minimum wage in Chicago and an elected school board in the city.

Activists also called for the reopening of six public mental health clinics that closed in 2012 and immediate reforms to the Chicago Housing Authority. The call for CHA reforms follows a recent fiscal review by the Center for Tax and Budget Accountability, which showed the housing authority has built up large cash reserves in recent years primarily by socking away millions in federal funds intended for housing vouchers.

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Why is the state of Illinois is such bad economic shape, getting worse all the time?

Because, according to Ralph Martire, the Director of the Center for Tax and Budget Accountability (a non-partisan organization, that is, supported by and responsible to both political parties) we have an outdated and perverse tax system which can never provide the revenue needed for us to have a healthy economy.

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October 10, 2014Pioneer Press

Pioneer Press - Franklin Park and Northlake, “School funding bill makes local superintendents nervous,” Martire said first the state has to get its own financial affairs in order.

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September 27, 2014State Capitol Bureau

A split over the future of the temporary income tax increase provides one of the starkest differences between Gov. Pat Quinn and Republican Bruce Rauner in the 2014 campaign for governor. Quinn believes the income tax increase should be made permanent. Rauner thinks income tax rates should be rolled back to their pre-tax hike levels — eventually. But the fate of the income tax increase isn’t the only tax issue raised by the two this year. 

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September 12, 2014Reboot Illinois

new poll shows incumbent Gov. Pat Quinn leading Republican candidate Bruce Rauner by 3 percentage points, the first time Quinn has led Rauner since the March primaries, and in the 17 polls since then.

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September 11, 2014Chicago Sun-Times

University of Illinois officials last week said that a higher percentage of students accepted at the U. of I. are deciding to go elsewhere because financial aid is insufficient. It’s another sign that Illinois’ continuous cuts are gradually eroding the state’s higher education system.

If you adjust for inflation, Illinois’ investment in higher education has been cut by 40 percent since 2000, according to the Center for Tax and Budget Accountability. The share of costs borne by the state has dropped from nearly half a decade ago to less than 15 percent. To keep universities afloat, tuition has soared. State funding has dropped so much that people joke we no longer have state universities, just universities in the state.

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September 11, 2014Illinois Business Journal

Point/Counterpoint

Is the proposed "Millionaires Tax" a good or bad idea?  Read what Ralph Martire of the Center for Tax and Budget Accountability and Michael Lucci of the Illinois Policy Institute have to say about it.

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September 9, 2014Capitol Fax

**From today’s debate…

Rauner was asked whether he was asking voters to take his budget and educations plans on faith since his plans to freeze property taxes and reduce income taxes so far don’t appear to add up.

“We have the money for our schools, if we put it in the schools,” Rauner began, before he was asked to come off of talking points and make his promises add up.

“We close corporate welfare loopholes, we reform our tax code, we cut wasteful spending, we put in regulatory changes to grow the economy,” Rauner offered as ways to balance the budget.

** Um, no. Unless he wants to raise taxes even higher than they are now. From the Center for Tax and Budget Accountability…....

August 5, 2014Progress Illinois

Over recent years, the Chicago Housing Authority has built up large cash reserves primarily by holding onto millions in federal funds intended for housing vouchers, shows a recent report by the Center for Tax and Budget Accountability. Progress Illinois takes a look at the report's findings and gets reaction from affordable housing advocates.

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