Modernizing the sales tax base could generate $2.8 billion

Estimated revenue increase for taxing consumption of select personal services, tax year 2027.

Based on 2024 personal consumption expenditures, adjusted to estimated 2027 levels, with an 89% compliance rate against Illinois' 6.25% state sales tax. 2024 consumption data was the most recent available at the time the report was researched.
Chart: @illinoispolicySource: Author's calculations based on Bureau of Labor Statistics data