Sen. Dave Koehler backs estate tax law change – NPR Illinois
“You know what I think the number one reason that people leave Illinois is? I think it’s the way we structure our estate tax,” said Koehler. “I talked with somebody who is a retired teacher who said their accountant tells them if they really want to pass on their family wealth they really need to move to another state. That’s driving a lot of decisions. We really need to address that.”
Wirepoints has documented in detail how Illinois’ progressive and equity-focused policies have inflicted harm on minorities. Now add the state’s jobs climate to that list. Illinois is an extreme national outlier when it comes to fostering a robust jobs environment for black residents.