Kirk Warns Of Higher Estate Taxes


Decatur – Death and taxes.  U.S. Senator Mark Kirk, (R) Illinois, addressing the federal estate tax while campaigning in Decatur.

Kirk says he would like to see federal inheritance, or death taxes, be lowered.  Especially for family farms and small businesses.

Kirk is sponsoring legislation to lower the estate tax and says he has bipartisan support.  He warns the tax will skyrocket under an administration led by Hillary Clinton.

“When you add Hillary’s death tax of 65% to Illinois’ 16%, it means on the death of somebody who owns a substantial amount of property, the government gets 81%,” Kirk told WAND’s Doug Wolfe.

Kirk, wearing a Chicago Cubs hat, made his comments at the Macon County Farm Bureau.  Kirk has roots in Moultrie County.  His father grew up in Sullivan. 

Current Conditions
  • Current Events

    • Spirit of Giving

      Join WAND, Cromwell Radio, Walmart North and Macon County Toys for Tots in the Spirit of Giving Toy Drive, Friday, December 1st. T

    • Coats for Kids Drive

      DECATUR, Ill. (WAND) - You can help keep central Illinois children warm this winter by donating new and gently used coats during WAND-TV's Coats for Kids drive.

    • Agribusiness Today

      Get your agribusiness report here!

    • Web Exclusives

      Here at WAND we strive to bring you the latest coverage on news happening across central Illinois, and this page is a continuation of that effort.