Calls to reform estate tax grow, Gov. Pritzker mum on the issue – State Journal-Register (Springfield)

Characterization of this being a tax on the wealthy is not one that Illinois Farm Bureau Director of State Legislation Kevin Semlow agreed with. Increasing farmland value and agriculture equipment costs in recent years have made more middle-class family farms meet the Exclusion Limit, he said. "We are one of the last few midwestern states that have it (state estate tax) and it really hampers agricultural interests, especially farmers."
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Old Joe
3 years ago

Well that’s Illinois for you. One of the highest tax jurisdictions for the living taxpayer in the country and it’s still not enough. We discuss how to get even more when you’re gone!

Freddy
3 years ago

JB should tax people by the pound just like at the deli.

Ex Illini
3 years ago

JB will be loathe to reduce or eliminate any tax when he has so many extreme progressive issues he wants to fund. He probably dreams about creating a drag queen bingo league that plays competitively at pre schools across the state.

Admin
3 years ago

The calls to increase this tax or lower the threshold are sheer madness, just pushing more wealth to flee.

Giddyap
3 years ago

Start by taxing all of the Pritzker Crime Family’s Offshore Tax Evasion Billions

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