Reports

Facing Reality: Illinois Must Raise Revenue to Balance Its Budget

RELEASED: 

July 2, 2009

This Issue Brief explains why increased revenue is needed to address Illinois' budget deficits.

Download Documents: 

Topics:Tax and Budget, Illinois Budget, Income Tax, Revenue Policy, National Comparisons

Tags:FY2009, FY2010, General Fund, State Revenue, Taxes, Deficit, Short Term Borrowing

SHARE THIS PAGE

Print


Related Reports

Funding Our Future: Reforming Illinois Tax Policy

Released: Friday, October 29, 2010

This Report is a thorough analysis of the Illinois’s long-term spending patterns, budget problems and tax policy.

State Budget, Taxes, Inequality, Graduated Income Tax, Deficit, General Fund

Moving Forward

Released: Wednesday, 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.

State Budget, Deficit, Great Recession, Taxes, Illinois Economy, Graduated Income Tax, Economic Multiplier
Search all CTBA publications by topic, keyword, or date.

Donate

CTBA reports, data and budget analyses are provided without charge through the generosity of readers like you. If you value our work, please consider a gift today.

CTBA Resources