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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Economic Development or Economic Divertissement?

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Illinois Raises Cigarette Taxes, Chicago’s Rate Now Second Highest in Nation

May 31, 2012

Illinois “Amazon Tax” Ruled Unconstitutional

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Unemployment Drops in 46 States: Exceptions are Hawaii, Illinois, Mississippi, North Carolina

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Illinois House Caves on Incentives for Sears and Chicago Mercantile Exchange

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Results of Sugar and Snack Tax Contest

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Illinois Officials Reportedly Agree to Modest Tax Package That Does Not Revisit Sharp Tax Increases

November 4, 2011

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Illinois “Borrows” Charitable Contributions Made Through Tax Return Checkoffs

June 30, 2011

Illinois Legislators Hint that Tax Increases Are Driving Away Jobs

June 24, 2011

Tax Competition Alive and Well in the Midwest

May 13, 2011

Illinois Governor Signs “Amazon Tax”

March 10, 2011

Illinois Offering Use Tax Amnesty

January 27, 2011

Many Sources Misreporting Illinois Corporate Tax Rate

January 14, 2011

Illinois “Amazon Tax” Puts Internet Firms in Danger

January 14, 2011

Illinois Approves Sharp Income Tax Increase, Fourth-Highest Corporate Tax Rate

January 13, 2011

Maybe Caterpillar Should Move to Minnesota

January 12, 2011

Illinois Approves Sharp Income Tax Increase, Fourth-Highest Corporate Tax Rate

January 12, 2011

Illinois’ New Tax Proposal

January 11, 2011