The Case for Fundamental Tax Reform in Illinois: Why We Need a Graduated State Income Tax
Release: May 23, 2012
Presentation on why Illinois needs tax reform, and the case for a graduated income tax.
Analysis of the FY2013 Proposed Illinois FY2013 General Fund Budget
Release: April 8, 2012
This Report provides an analysis of the FY2013 General Fund budget proposed by Governor Pat Quinn on February 22, 2012.
Ramifications of State Budget Cuts to Human Services
Release: March 22, 2012
This Report, co-authored by CTBA and the Social Impact Research Center, highlights the consequences of state budget cuts to human service programs.
The Case for Creating a Graduated Income Tax in Illinois
Release: February 1, 2012
Creating a graduated rate structure for the Illinois individual income tax is one long-term, structural policy change that would simultaneously stimulate job growth in the state, tax people more fairly and reduce Illinois’ General Fund deficits.This Report explains why a graduated rate structure is needed in Illinois, and how it would impact taxpayers and the state's budget.
Analysis of the Enacted Illinois FY2012 Budget
Release: October 1, 2011
This Report provides an analysis of the FY2012 Enacted General Fund budget. Key findings are: Detail on how the tax increases passed in January averted a fiscal disaster in FY2012; over $388 million in cuts to human service programs; and despite the recent tax increases and spending cuts, the FY2012 budget proposes over $1 billion in spending for which there is no revenue, and is subject to an accumulated deficit of over $7 billion after accounting for unpaid bills left over from FY2011.