Issues: State Fiscal Policy
Position in Brief
The League of Women Voters of Illinois supports a diversified revenue system that principally relies on a combination of broad-based taxes and user fees, and is equitable, progressive, stable, responsive, and simple.
For too long, the State of Illinois has been operating at a deficit. It cannot pay its bills as they come due. Schools, health care providers, social service providers and other businesses are not being paid on time by the state for work they have performed. This deficit continues despite the State’s borrowing schemes and dramatic cuts in social and human services. The need to balance the budget (required by the Illinois Constitution in Article VIII (Finance), Section 2) has resulted in a hodgepodge of tax increases to raise revenues combined with cuts in human and social services. The unsustainability of Illinois' pension system makes the task of balancing the budget more challenging.
During the 1990s, the League of Women Voters of Illinois supported and advocated for progressive tax reform--a proposal which would swap an increase in the state income tax with a reduction in property taxes--in the context of the school funding debate.
The slow recovery of the national economy since 2008 and the failure of Illinois’ elected officials to deal with the structural deficit have made the discussion about tax reform more timely than ever.
The League will work to ensure that tax, fiscal, and spending policies are fair; promote economic growth; and provide adequate and consistent funding for public schools and other programs the League supports. (LWVIL 2014)
To learn more, please contact the LWVIL Issues Committee at email@example.com.