Property tax relief for the Illinois taxpayer, predicated on full state funding of elementary education, is advocated in this paper. A consequence of full state funding is the reduction of property taxes for education and creation of an educational income tax. Effects at the elementary level are equity and adequacy; at the secondary level, school and program choice. The discussion places the Illinois tax burden in context, briefly explores the economics of affected educational benefits, and concludes with the concept of full state funding of elementary education and subsidization of secondary education in Illinois public schools. Tables of tax data are included. (10 references) (Author/LMI)