It’s budget season in Chicago — CTBA Executive Director Ralph Martire spoke with WBEZ reporter Mariah Woelfel about how residents can become involved in the budget process.
And Justice For All is the the official podcast of Roosevelt University.
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Gov. JB Pritzker was able to come up with a balanced state budget plan for the next fiscal year despite voters turning down a proposed move from a flat to a graduated income tax in November. According to Allison Flanagan, CTBA’s director of public policy and co-author of the new analysis says “the problem is still there.” Illinois needs structural tax reform and refinancing of its pension debt to stabilize finances and avoid more cuts to education and other state services.
In order to balance next year's state budget, Gov. J.B. Pritzker is asking legislators to eliminate what his administration calls nine "corporate tax loopholes" to generate nearly $1 billion per year in revenue. Ralph Martire, executive director of the bipartisan Center for Tax and Budget
The Sounthernminn.com breaks down the key takeaways from CTBA’s analysis of Governor Pritzker’s FY 2022 state budget proposal.
The Illinois Allow for Graduated Income Tax Amendment—known to its supporters as the “Fair Tax Amendment”—would have restructured the state’s personal income tax from a flat rate to a graduated system that would have taxed people with greater personal income at a higher rate. If it had passed,
Much to the dismay of Chicago progressives, the state ballot initiative to create a graduated income tax, or “fair tax,” failed on Election Day. “What’s next?” Where’s the money going to come from? Most likely, an across-the-board hike on income taxes. According to Drazzel Feliu, research
The Governor’s Office of Management and Budget is projecting a related shortfall of some $6.5 billion in the $42 billion budget for the fiscal year that ends in June. According to CTBA, This is not a problem we can solve with relatively painless cuts — inflation-adjusted per capita state
In an interview with Streetwise’s Suzanne Hanney, Ralph Martire explains the Fair Tax and what it means for Illinois.
Ralph Martire, Executive Director of the Center for Tax and Budget Accountability discusses the graduated income tax amendment that Illinoisans will vote on in the November 2020 election.