Taxes in Illinois

Each state’s tax code is a multifaceted system with many moving parts, and Illinois  is no exception. The first step towards understanding Illinois’s tax code is knowing the basics.

How does Illinois rank?  Below, we have highlighted a number of tax rates, ranks, and measures detailing Illinois’s income tax, business tax, sales tax, and property tax systems. Click the tabs below to explore!

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Moving to a Progressive Income Tax Would Increase Taxes on the Majority of Illinois Employers

March 24, 2014

Illinois Speaker Madigan Proposes 3 Percent High-Earner Tax

March 21, 2014

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February 27, 2014

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Sensibly Reforming the Tax Structure and Tax Incentive Policies of Illinois

January 17, 2014

Illinois Considers Further Income Tax Increases as Temporary Tax Nears Expiration

January 15, 2014

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January 10, 2014

Illinois Will Send State Spending Data with Tax Refund Checks

January 2, 2014

Tax Foundation Presents Seal to Five States for State Tax Information Transparency

December 16, 2013

Illinois Supreme Court Strikes Down “Amazon Tax”

October 18, 2013

Illinois Faces More Incentive Demands Due to High Corporate Rate

October 17, 2013

Five States Win Tax Foundation Tax Information Transparency Honors

April 15, 2013

SEC Slaps Illinois over Public Pension System Misrepresentations

March 15, 2013

After Illinois Tax Increase, State Farm Reportedly Moving Operations to Texas

February 15, 2013

Illinois Treasurer Criticizes Plan to Borrow $4 Billion to Pay Past-Due Bills

December 11, 2012

Cook County, Illinois Drops Proposed Ammunition Tax, Proceeding with Proposed Gun Tax

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Illinois’ State and Local Tax Burden

October 23, 2012

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