5 ms·

No one was shocked in Illinois after Pritzker ran for gov and one of the first proposals he and his family put forth was to get rid of the estate tax in Illinoi

No one was shocked in Illinois after Pritzker ran for gov and one of the first proposals he and his family put forth was to get rid of the estate tax in Illinois.

Loughla 7y ago
What kills me is that this was one of the moves that downstate conservatives really supported. Yes, Donny, your 120k worth of property is definitely what they're talking about and you 100% need to worry about an estate tax.
- murphysbooks 7y ago
  What do the references "downstate conservatives" and "Donny" mean?
  - qntty 7y ago
    Donny is just an example name like Joe Shmoe In Illinois, rich people live in Chicago ("upstate"), and tend to be more liberal, whereas rural folks downstate are conservative and less wealthy.
  - brianzelip 7y ago
    "Downstate" means south of Chicago (which is located in the NE region of Illinois).
  - deleted 7y ago
    [deleted]
  - daveslash 7y ago
    As others have said, downstate means "south" Illinois. I'd add that it also means rural, instead of urban (Chicago, in up-state). The term "downstate" can't be universally applied to mean rural though; if we were discussing the same situation in New York, we'd talk about "upstate Donny".
- rayiner 7y ago
  Downstate is farm country, and family farms can be worth millions to tens of millions on paper.
  - Loughla 7y ago
    In my experience, the folks who have tens of millions of dollars in farmland are not concerned about the inheritance tax. They're incorporated in some fashion. In my area, it is legitimately the folks who own 50-60 acres of ground that is worth $3000-5000/acre who are most concerned and vote on that issue.
citilife 7y ago
Well, at least then they wouldn't have to remove all the toilets from their house to keep their taxes down[1]. [1] https://www.illinoispolicy.org/toilet-scam-could-flush-pritzkers-fair-tax/ https://www.illinoispolicy.org/toilet-scam-could-flush-pritz...

No one was shocked in Illinois after Pritzker ran for gov and one of the first proposals he and his family put forth was to get rid of the estate tax in Illinois.

Loughla 7y ago

What kills me is that this was one of the moves that downstate conservatives really supported. Yes, Donny, your 120k worth of property is definitely what they're talking about and you 100% need to worry about an estate tax.

murphysbooks 7y ago
What do the references "downstate conservatives" and "Donny" mean?
- qntty 7y ago
  Donny is just an example name like Joe Shmoe In Illinois, rich people live in Chicago ("upstate"), and tend to be more liberal, whereas rural folks downstate are conservative and less wealthy.
- brianzelip 7y ago
  "Downstate" means south of Chicago (which is located in the NE region of Illinois).
- deleted 7y ago
  [deleted]
- daveslash 7y ago
  As others have said, downstate means "south" Illinois. I'd add that it also means rural, instead of urban (Chicago, in up-state). The term "downstate" can't be universally applied to mean rural though; if we were discussing the same situation in New York, we'd talk about "upstate Donny".
rayiner 7y ago
Downstate is farm country, and family farms can be worth millions to tens of millions on paper.
- Loughla 7y ago
  In my experience, the folks who have tens of millions of dollars in farmland are not concerned about the inheritance tax. They're incorporated in some fashion. In my area, it is legitimately the folks who own 50-60 acres of ground that is worth $3000-5000/acre who are most concerned and vote on that issue.

citilife 7y ago

Well, at least then they wouldn't have to remove all the toilets from their house to keep their taxes down[1]. [1] https://www.illinoispolicy.org/toilet-scam-could-flush-pritzkers-fair-tax/ https://www.illinoispolicy.org/toilet-scam-could-flush-pritz...