inheritance tax

Proposal on inheritance taxes would devastate Illinois farmers

October 13, 2021 | By Rodney Weinzierl, Executive Director/Illinois Corn Growers Association

With an effective state and local tax rate of 15 percent, Illinois has the highest state and local taxes — almost 39 percent higher than the average U.S. household. It’s no surprise then, that Kiplinger voted Illinois the least-friendly state for middle-class Americans to move to. According to Illinois Policy’s August jobs data analysis, Illinois’…