Browse IGPA Reports by Subject "economic"

  • Merriman, David F. (Institute of Government & Public Affairs, 2014-02-18)
    Business taxes are often a point of debate in discussions about raising state revenue. Economists have not come to a consensus on an ideal business tax strategy. Illinois uses the business tax similarly to most other states. ...

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  • Fullerton, Don (Institute of Government & Public Affairs, 2014-02-18)
    Fixing the Illinois state budget requires more than simply balancing revenue and expenditures. Government budgeting also requires establishing the right mix of public goods and services in a way that is fair and efficient ...

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  • Merriman, David F. (Institute of Government & Public Affairs, 2020-10-29)
    The COVID-19 pandemic brought widespread health, social and economic hardship to households and businesses across Illinois, the nation, and the world. This report provides an initial look at some early evidence regarding ...

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  • Hewings, Geoffrey J.D.; Kriz, Kenneth; Merriman, David F. (Institute of Government & Public Affairs, 2020-05-27)
    The economic disruption associated with the COVID-19 pandemic came on suddenly and is quite severe. Because much economic data lags actual events by weeks or months, it is still too early to have a complete picture of ...

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  • Fretwell Wilson, Robin; Merriman, David F.; Delaney, Jennifer (Institute of Government & Public Affairs, 2020-04-30)
    National research in the U.S. has shown that postsecondary enrollments are known to be impacted by economic downturns. During the Great Recession (between fall 2007 and fall 2010) total enrollment increased from 18.2 million ...

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  • Merriman, David F. (Institute of Government & Public Affairs, 2019-01-31)
    Tax increment financing (TIF), a popular economic development tool across the United States, often falls short of its promise to revitalize struggling neighborhoods. TIF earmarks property tax revenue increases (or “increments”) ...

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  • Merriman, David F.; Guo, Chuanyi; Qiao, Di (Institute of Government & Public Affairs, 2018-03-01)
    The state of Illinois finally ended its two-year budget impasse in July 2017 but continues to face a structural fiscal imbalance. We use comprehensive data supplied by the Illinois Comptroller to construct a time series ...

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  • Gaines, Brian J. (Institute of Government & Public Affairs, 2014-03-25)
    What are the political prospects of various plans to boost revenue or reduce spending? One way to answer is via opinion polls. Few say they support broad tax increases or spending cuts on education or Medicaid. Targeted ...

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  • Merriman, David F.; Kriz, Kenneth A.; Kass, Amanda (Institute of Government & Public Affairs, 2020-04-09)
    We model the fiscal impacts of the COVID-19 pandemic and stay at home orders on Illinois’ fiscal situation. Prominent forecasters’ recently published estimates range from short and modest declines in U.S. GDP to declines ...

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