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Quincy Reporter

Sunday, November 24, 2024

Illinois estate tax reform crucial for family farms' future

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Illinois State Representative Randy E. Frese | Representative Randy E. Frese (R) 99th District

Illinois State Representative Randy E. Frese | Representative Randy E. Frese (R) 99th District

96% of Illinois farms are family-owned, and there is a growing effort to maintain this tradition. Advocates argue that reforming Illinois' estate tax could be key to helping farm families retain their land and livelihoods for future generations.

The issue remains a significant topic within the Illinois legislature, with ongoing discussions about potential changes to the current tax structure.

For more information, visit: https://www.advantagenews.com/news/local/estate-tax-still-a-pressing-topic-in-illinois-legislature/article_64d896a2-58c2-11ef-8fc7-b7236e9f3029.html

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