This election cycle, Illinoisans have been presented with the option of amending the state constitution to allow for a graduated income tax. As proposed, the amendment represents a disappointing repeat of Illinois fiscal history. The…
UPDATE: On September 21, the Cook County Health (CCH) Board approved by a vote of eight to three an amended FY2021 proposed budget with $40…
Starting July 1, 2020, many Illinois cannabis consumers will see an increase in the taxes they pay on recreational cannabis as the Cannabis Retailers’ Occupation Tax that is allowed to be imposed by counties and municipalities goes into…
Like most states that levy income taxes, Illinois has followed the federal government in…
This blog post presents information about the different types of individual income taxes imposed by state governments in the United States. In 2020 forty-one states levied individual income taxes. States currently use flat rate or…
As Illinois voters head to the polls for next week’s Presidential primary, this blog post looks at another major choice that will be on the general election ballot in November: whether to replace the State’s flat-rate income tax with a…
Illinois Governor JB Pritzker’s second budget proposal avoids many of the pitfalls of his…
Click here to read the issue brief. SUMMARY This annual report lists and describes selected consumer taxes within the…
