Tax and Budget

Fact Sheet: Gross Receipts Tax

Release: March 6, 2007

A Fact Sheet on the Gross Receipts Tax, which in general is a broad-based, low rate tax imposed on all income received by a business without any deductions for costs of doing business.

Funding a Quality Education Requires Fiscal Reform

Release: February 28, 2007

This Fact Sheet provides information on how Illinois could reform its fiscal system to provide equitable education funding.

The State of Illinois Shortchanges Cook County on Federal Medicaid Funds

Release: February 2, 2007

An explanation of how the state shortchanges Cook County of federal Medicaid payments.

Illinois Revenue Initiatives & Enhancements

Release: January 31, 2007

An overview and chart of revenue options for Illinois.

Issue Brief: The Illinois Structural Deficit (2007)

Release: 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.

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