Tax Foundation
Recent News About Tax Foundation
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From Illinois Business Daily
By the Numbers: Cook County among the 17 jurisdictions with vaping taxes
Seventeen jurisdictions in the nation have some form of vapor product excise tax, according to a new Tax Foundation analysis.
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From Illinois Business Daily
Illinois ranks 12th highest for dependence on property taxes, study finds
Illinois finished 12th in a Tax Foundation ranking of states that rely the most on property taxes as a share of state and local taxes.
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From Illinois Business Daily
Analysis: Illinois ranks 20th highest on state cigarette taxes
The state cigarette taxes charged in Illinois ranked 20th in the nation, according to a new analysis from the Tax Foundation based on 2016 data.
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From Illinois Business Daily
Analysis: Mid-range earners in Illinois rank 28th highest on federal tax cut benefits
Middle-range income earners in Illinois ranked 28th in the nation in terms of how they benefited from the federal Tax Cuts and Jobs Act, according to a new Tax Foundation analysis.
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From Illinois Business Daily
Illinois ranks 10th highest for state-imposed gas taxes
Illinois finished 10th in a ranking of the taxes and fees that states place on gasoline, according to the Washington-based Tax Foundation.
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From Illinois Business Daily
Analysis: Illinois ranks 11th least reliant on federal aid
Illinois finished 40th in a study by the Tax Foundation examining which states rely most on federal aid funding as a percentage of their general-fund revenue.
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Springfield considering gas tax hike even though Illinois already pays among the most in U.S.
Even without the increases in the Illinois gas tax now being proposed by state lawmakers, Illinois has the 10th highest state gas taxes in the nation, according to July 2018 numbers from the Washington-based Tax Foundation.
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From Illinois Business Daily
Analysis: Illinois ranks 12th worst in corporate tax study
Illinois finished 39th in a study by the Tax Foundation examining which states have the most business-friendly corporate income tax structures.
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From Illinois Business Daily
Analysis: Illinois ranks 13th best in state income tax study
Illinois finished 13th in a new study by the Tax Foundation ranking which states have the most business-friendly income tax structures.
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From Illinois Business Daily
Analysis: Illinois ranks 36th best in sales tax study
Illinois finished 36th in a study by the Tax Foundation examining which states have the most business-friendly sales tax structures.
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From Illinois Business Daily
Analysis: Illinois ranks 9th worst on unemployment insurances taxes
Illinois finished 42nd in a new study by the Tax Foundation ranking which states have the most business-friendly unemployment insurance tax structures.
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From Illinois Business Daily
Analysis: California, New York, D.C. have most progressive income taxes
California, Connecticut, New York, New Jersey and Washington, D.C., ranked among the U.S. jurisdictions with the most progressive individual income tax systems, according to a recent Tax Foundation analysis.
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From Illinois Business Daily
Analysis: Illinois posted 9th lowest individual income tax rate in 2018
Illinois ranked No. 36 for its top individual income tax rate, according to a Tax Foundation analysis of 2018 tax numbers that tracked the District of Columbia and the 43 states that levy such taxes.
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Non-partisan report ranks Illinois as fifth worst state for taxes
A recent non-partisan Tax Foundation report revealed that Illinois residents face some of the highest taxes in the country and the state is ranked the fifth worst state for local and state taxes.