Institute on Taxation and Economic Policy (ITEP)

Illinois

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State-by-State Tax Expenditure Reports

• By ITEP Staff

Below is a list of tax expenditure reports published in the states.

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2026 Sessions in Review: States Move to Tax the Rich and Corporations

• By Aidan Davis

This year several states raised income tax rates on high-income people to fund crucial services and make progress toward remedying the regressive tilt of their tax codes.

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State Rundown 6/25: Trending This Summer? New Revenue!

• By ITEP Staff

It's the first official week of summer, and while many of us are planning vacations, state lawmakers remain busy finalizing and debating tax proposals.

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State Rundown 6/11: Taxing the Rich Heats Up

• By ITEP Staff

As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.

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A Growing Number of States Are Taxing the Sale of Advertising

• By Nick Johnson

ITEP’s report on taxing advertising identifies some reasons why states are curtailing longstanding sales tax exemptions for the ad sector.

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States Are Standing Up to the Monster Known as QSBS

• By Nick Johnson

We estimate that by 2032, QSBS will be costing states $1.1 billion a year, and since states must balance their budgets, that’s money they can’t use for public services.

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States Can Raise Billions by Ending a Tax Giveaway to Big Tech

• By Nick Johnson

An advertising tax offers a way to raise significant money from a sector of the economy that has been getting a free ride for decades.

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State Rundown 6/4: Fiscal Flowers and Weeds Bloom in June

• By ITEP Staff

A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.

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State Rundown 5/14: Fund Priorities or Increase Shortfalls?

• By ITEP Staff

As many legislative sessions end, lawmakers are revealing their priorities.