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Illinois Kids Count 2014: “Child Health Matters”

The new Illinois Kids Count 2014 report, “Child Health Matters,” documents some positive trends for children’s health in our state—fewer children without health insurance, declining infant mortality rates, fewer young children with lead poisoning, and fewer teen deaths from accidents, homicide, or suicide. However, the data also show disturbing disparities related to household income level, race and ethnicity, special health care needs, and other factors.

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Issue Brief: Improving Tax Fairness Through Income Tax Reform

Illinois’ tax system is upside down. When adding up the effect of all state and local taxes, Illinois asks middle- and low-income households to pay a percentage of their income that is two to three times higher than the highest-income households pay. An improved income tax is key to fixing our tax system so that we all pay our fair share to make sure Illinois has the money it needs for public resources we all value—including quality education, roads and bridges, and safe communities.

Revenue Collapse
Take Action: Tell Legislators to Maintain Stable, Sustainable Revenue

On January 1, 2015, Illinois will experience a revenue collapse that will result in a budget shortfall of at least $2.3 billion, and up to $3 billion this coming fiscal year. Lawmakers have a choice. They can enact at least $2.3 billion in cuts to education, human services, public safety, and other essential services–cuts our kids and families can’t afford–or get Illinois back on the right track by maintaining stable and sustainable revenue to educate our children, fund essential services and pay our bills.

Issues In Focus

FPC Crain’s Op-Ed: Don’t be ‘Penny wise, future foolish’
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In an op-ed piece in Crain’s Chicago Business, David Lloyd writes that there will be real, long-lasting consequences for our state’s economy if current state income tax rates are allowed to expire. The resulting revenue collapse will threaten the state’s economic recovery, curtail the ability to support vital prosperity-promoting investments and create bad-for-business uncertainty over how the state will meet its many obligations.

Report: Revenue Collapse Threatens State Economy
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If Illinois’ income tax rates decline as scheduled at the end of this year, the resulting revenue collapse will threaten the state’s economic recovery, curtail the ability to support vital investments, and create more uncertainty over how the state will meet its obligations. Rather than dig a much deeper hole that would further undermine confidence in the state, the better way to put Illinois back on track is to maintain stable and sustainable revenue so that the state can invest in what really matters for job creation and economic growth. 

Fiscal Notes — The New Blog from the Fiscal Policy Center
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Check out Fiscal Notes, the new blog from the Fiscal Policy Center at Voices. Fiscal Notes is your new go-to source for the latest on the budget and tax issues driving the debate on our state’s future–particularly our investments in children. On Fiscal Notes, you’ll find timely analysis on issues central to Illinois.

Illinois Gets Poor Marks on Long-Term Budget Planning
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Illinois ranks among the worst states in the country when it comes to long-term fiscal planning. FPC Director Larry Joseph explains why Illinois’ poor ranking is important and suggests several fiscal planning tools that the state can use to encourage policymakers to consider the long-term consequences of budget choices, improve fiscal stability, and ensure more predictable funding for essential services.