Tax Policies and Illinois’ Fiscal Crisis
According to the Fiscal Futures Project at the Institute for Government and Public Affairs at the University of Illinois, Illinois is currently ranked in last place out of all 50 states for its bond ratings. Legislators at the statehouse have made some progress towards passing reform to try and solve Illinois’ massively underfunded state pension system but even if reform is passed, the state has a long way to go to get back in the black. This hour on Focus, host Jim Meadows talks with Ralph Martire, Executive Director at the Center for Tax and Budget Accountability about Illinois fiscal health and what could help improve it.
Think you can balance the budget? Check out this calculator from the Center for Tax and Budget Accountability, Crain’s Business Chicago and the Institute for Work and the Economy.
Martire is speaking at the Champaign Public Library in the Robeson Pavilion room on Thursday, May 9 at 7:00 p.m.