Tax Policy Forum Logo

Welcome to the Tax Policy Forum's Tax Estimator

There are currently several proposals for possible changes to Illinois taxes.  The Tax Estimator will help you understand how these changes would affect you and how your taxes under those proposals compare to your current taxes.

The State of Illinois faces significant challenges in fulfilling its responsibilities to raise revenues fairly and adequately and to provide vital services to its citizens.  The Forum has created the Tax Estimator as a resource for Illinois taxpayers to understand both their current taxes and the potential impact of proposed changes to state and local taxes.  Plans that are publicly released and that would result in significant changes to the three major taxes - income, sales, and property - are included in the Estimator.

 

 

 

 

Illinois State Tax News Headlines

The Associated Press

Governor calls for special session on budget
Chicago Sun-Times, United States - Jul 2, 2008
Blagojevich on Wednesday called on the General Assembly to return to Springfield on July 9 and 10 to fix the shortfall in the 2009 budget passed by ...
Governor's special session won't rouse General Assembly Southtown Star
Tribune staff report Chicago Tribune
Illinois Gov. Calls Special Session Bond Buyer (subscription)
Chicago Daily Herald - Chicago Sun-Times
all 200 news articles

Sales tax too small?
Chicago Tribune, United States - Jul 2, 2008
The way that the politicians and the sleeping electorate operate in Illinois, 10.25 percent will be the good old days. According to all of the tax increases ...
Chicagoans now paying nation's highest sales tax Chicago Sun-Times
Chicago, Illinois Charges Highest Sales Tax Across The US At 10.25 ... AHN
Cook County - Chicago --> Highest Taxes in the Nation: 10.25% istockAnalyst.com
Business Wire (press release) - Kankakee Daily Journal
all 59 news articles

Illinois Farm Bureau

Governor Calls Special Session Next Week
Illinois Farm Bureau, IL - Jul 4, 2008
This afternoon, the Illinois House called a Committee of the Whole meeting for July 9th to discuss the FY 2009 budget. Kay Shipman will have more on this ...
Minimum wage goes up for Illinois workers Macomb Daily Journal
Blagojevich Calls Special Session of Legislature Chicago Public Radio
all 5 news articles

State rape crisis funding restored after threatened cuts
Kankakee Daily Journal, IL - 3 hours ago
The 33 crisis centers across Illinois found themselves caught in a budget tug-of-war after the governor threatened to cut $1.5 billion from state-supported ...

State of emergency looms in Illinois
Chicago Daily Herald, IL - Jul 3, 2008
If the government cannot hold up its end of the partnership to serve the vulnerable, it will cause a state of emergency unlike any we have seen in Illinois. ...
Personal Tax Estimator

Enter your information to estimate your taxes under the proposed plans.

Annual Income: $
Zip Code:
Homeowner
 Property Value:
Renter 

Business Tax Estimator
Annual Gross Receipts: $
Zip Code :
Business Type :

Login to retrieve saved results
email:
password:
register for access and updates

Funded by
MacArthur Foundation