Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Lawmakers using the Center for Tax and Budget Accountability to convince constituents how great a progressive tax could be for Illinois are doing a disservice. Here are the straight tax facts.
A new report would have Illinoisans believe that a progressive income tax means tax cuts and economic growth. Illinois lawmakers’ tax-and-spend tendencies and evidence from all 50 states say otherwise.
To advance its political agenda of imposing a progressive income tax on hard-working Illinoisans, the CTBA is misrepresenting Adam Smith in an attempt at legitimacy.