Bourne proposes legislation to repeal the estate tax
LITCHFIELD (Heartland Newsfeed) -- Agriculture runs deep in our American heritage and has been a key component of our state’s history. Illinois, with over 72,000 farms that cover 27 million acres, is an agricultural powerhouse that should be recognized and fostered. One crippling challenge for many Illinois farming families is how to pass the farm on to the next generation after the death of the owner. Currently, Illinois’ estate tax law disproportionately impacts small family farms. The value of these farms, […]
