Whitmer, Dems advocate hotel excise tax proposal on ballots
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Biden's 2025 Budget proposal seeks to tax capital gains at 45%, eliminate crypto tax loopholes
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Proposed legislation would increase threshold for farm estate taxes
(The Center Square) – There is a bipartisan effort in Illinois aimed at preserving family farms in the event of a family member’s death. The Family Farm Preservation Act in House Bill 4600 is designed to protect farm families and their land by updating the Illinois Estate Tax code to include protections in regards to inflation. Proponents say some families were forced to sell off some or all of the family farm to pay the estate tax, also called the "death tax." ...