Tax reforms can end budget crises for Illinois, Chicago

Illinois and its largest city have long struggled with budget shortfalls that undermine essential public services. A new task force calls for comprehensive structural reforms to address stubborn revenue gaps and mounting service costs, urging policymakers to modernize the tax system and reduce income inequality.

Property tax rates remain a top issue in Wisconsin elections

As Wisconsin heads into its fall elections, property tax rates have emerged as a leading issue among voters and candidates. Many view the debate over taxation and affordability as pivotal in shaping policy agendas for the state’s future.

America’s billionaires pay lower tax rates than you do, study finds

A recent study finds that the wealthiest 400 Americans pay a 24% tax rate—lower than that of the average taxpayer. Economists behind the research say it highlights a growing gap in the country’s tax burdens.