Income & consumption taxation

Content for Wednesday, August 26, 2026

Readings

Required

Income Taxes

• Pgs 101-106 in A Budget Guide for Local Government (Bland and Overton 2019).
• Chapter 14 and 15 in State & Local Public Finance (Fisher 2023).
• IL Commission on Government Forecasting and Accountability. 2025. “Illinois Tax Handbook for Legislators,” pg 62-74 (Individual and corporate income tax).
• Center for Tax and Budget Accountability. 2013. “Section 17. Local Government Revenue Sharing.” in The Illinois State Budget and Tax Primer, pg 51-52.

Consumption Taxes

• Pgs 84-101 in A Budget Guide for Local Government (Bland and Overton 2019).
• Chapter 14 in State & Local Public Finance (Fisher 2023).
• IL Sales & Use Taxes, IDOR.
• Locally Imposed Grocery Sales Tax, Illinois Municipal League.
• State and Local Finance Initiative, Urban Institute “Marijuana Taxes.”

Recommended

Income Taxes

• The Indicator from Planet Money “A Brief History of Income Taxes,” April 18, 2019.
• NPR Planet Money “Episode 760: Tax Hero,” October 22, 2017.

Assignments

• Contribute to the discussion board

References

Bland, Robert L., and Michael R. Overton. 2019. A Budget Guide for Local Government. 4th ed. Washington DC: ICMA Press.

Fisher, Ronald C. 2023. State & Local Public Finance. 5th ed. New York, NY: Routledge.