Balancing act: Tax structure in the Seventh District
Last Updated: 09/02/91
This article will begin by reviewing the criteria often cited for establishing a good tax structure. Against these criteria, it will examine the tax structure of the five Seventh District states—Illinois, Indiana, Iowa, Michigan and Wisconsin—focusing on their utilization of the property, income and general sales tax. Finally, it will review the tax options now under consideration to relieve state and local fiscal pressure.