Revenue Policy

Special Report: Flawed Tax Policy is the Primary Driver of Illinois' Recurring General Fund Deficits

Release: June 3, 2013

The Taxpayer Accountability and Budget Stabilization Act of 2011 temporarily increased the personal and corporate income tax rates, providing the state with much needed revenue. This Special Report examines the impact of those tax increases on the state's General Fund budget deficits for fiscal years 2011-2013.

The Illinois State Budget and Tax Primer

Release: March 1, 2013

With over 70 tables and charts, the Illinois State Budget and Tax Primer details the technical elements of the budget process, revenue system and challenges the state faces in clear terms.  

The Illinois Tax Climate

Release: April 17, 2007

Written supplement to oral testimony provided to the House Revenue Committee during its April 2007 subject matter hearing on tax fairness.

Illinois Fiscal System: Frequently Asked Questions

Release: April 4, 2007

Answers to frequently asked questions about Illinois' fiscal system

Fiscal System Basics

Release: October 10, 2006

An overview fiscal systems in general and the of the Illinois' fiscal system.