Revenue Policy

Moving Forward

Release: March 11, 2009

How the state elects to resolve its record deficit will have a meaningful impact on the size and duration of the recession in the state's economy. Given this scenario, the state's best hope of growing its economy and countering the recession is to close its deficit by raising taxes progressively and maintaining or expanding spending on services.

Analysis of the Fiscal Year 2008 Final General Fund Budget

Release: March 11, 2008

After a record overtime sessions, the Illinois Fiscal Year (FY) 2008 budget was enacted on January 4, 2008. The total enacted General Fund budget for FY 2008 was $27.4 billion. This Report contains CTBA's analysis of the enacted, FY2008 General Fund budget.

Citizen's Guide to the Illinois Budget & Tax System

Release: January 29, 2008

The Citizen's Guide to the Illinois Budget and Tax System reviews the technical elements of the Illinois budget and tax system. 

Issue Brief: Why Taxation in Illinois is Unfair

Release: January 23, 2008

This Issue Brief explains how Illinois' tax system is unfair, and how it can be improved.

Issue Brief: The Illinois Structural Deficit (2008)

Release: January 22, 2008

This Issue Brief provides an updated overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system.

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