Income & Consumption Taxation

Content for week of Monday, January 24, 2022–Sunday, January 30, 2022

Required Readings

Chapter 4 in A Budgeting Guide for Local Government¹
Chapters 15, 16, and 17 in State & Local Public Finance²
IL Commissionon Government Forecasting andA ccountability. 2020.“Illinois Tax Handbook for Legislators,” pg 55-65 (Individual and corporate income tax).
Center for Tax and Budget Accountability, “How a graduated rate income tax would help reduce after-tax income inequality in Illinois.” (May 22, 2019).
State and Local Finance Initiative, Urban Institute, “Marijuana Taxes.”
IL Sales & Use Taxes
Center for Tax and Budget Accountability. 2013. “Section 17. Local Government Revenue Sharing.” in The Illinois State Budget and Tax Primer, pg 51-52.

Robert L. Bland and Michael R. Overton, A Budget Guide for Local Government, 4th ed. (Washington, DC: ICMA Press, 2019). ↩︎
Ronald C. Fisher, State and Local Public Finance, 4th ed. (New York: Routledge, 2016). ↩︎

Last updated on January 27, 2022