Explore our content

All types | All dates | All authors
Earned Income Tax Credit

Pages

Quick Hit
by Ellyn Fortino
7:10pm
Mon Jan 26, 2015

Study: Low-Income Illinoisans Hit Hard Under State's Tax System

Low-income Illinoisans have the third-highest state and local tax burden in the nation, according to a new study by the Institute on Taxation and Economic Policy (ITEP) and the Fiscal Policy Center at Voices for Illinois Children.

The study, which examined the distribution of all major state and local taxes by income group in all 50 states and the District of Columbia, showed that the poorest Illinois residents currently pay almost three times more in taxes as a percent of their income compared to the richest Illinoisans.

Illinois' effective tax rates by income group are 13.2 percent for those in the bottom 20 percent of the income scale, 10.8 percent for the middle 20 percent and 4.6 percent for the top 1 percent, according to the study.

Quick Hit
by Ellyn Fortino
6:04pm
Thu Sep 11, 2014

Report: Right-To-Work Laws Strain Public Budgets & Would 'Weaken' Illinois' Economy

Workers in collective-bargaining states "are subsidizing the low-wage model of employment" in states with so-called right-to-work laws that limit union power.

That's one of the key takeaways from a new report by researchers at the Illinois Economic Policy Institute and the University of Illinois at Urbana-Champaign's School of Labor and Employment Relations.

“Our study found that right-to-work laws weaken state economies and strain public budgets,” said the report's co-author Bob Bruno, a labor professor at the University of Illinois at Urbana-Champaign. “Right-to-work laws not only sap government revenue in the form of reduced tax receipts, but they also increase government spending in outlays for food stamps and the Earned Income Tax Credit.”

Quick Hit
by Ellyn Fortino
5:42pm
Mon May 5, 2014

Report: 40 percent Of Low-Income Working Families In Illinois Headed By Women

A recent report shows that women headed up 40 percent of Illinois' more than 404,100 low-income working families in 2012.

Nationwide, women were the main providers for 4.1 million low-income working families in 2012, with 163,341 of those households being in Illinois, according to the report from the Working Poor Families Project, a national initiative focused on strengthening state-level policies to help working families attain economic security.

Pages