News for hackers. Stuff that matters.
Re:A Message from the Billionaire’s Club: Tax Us by nugget on Monday June 24, 2019 @08:51AM (#20262988)
This strikes me as a political PR move by the less generous cohort more than anything else. I am familiar with the Pritzker family mentioned in the article and they are, in my opinion, much more committed to dynastic family wealth than to philanthropy. They are probably much more afraid of the Giving Pledge than any small wealth tax.
Re:A Message from the Billionaire’s Club: Tax Us by ChrisBland on Monday June 24, 2019 @09:03AM (#20263123)
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.
Re:A Message from the Billionaire’s Club: Tax Us by citilife on Monday June 24, 2019 @09:14AM (#20263219)
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-pritz...

[dead]
Re:A Message from the Billionaire’s Club: Tax Us by rayiner on Monday June 24, 2019 @09:54AM (#20263530)
Downstate is farm country, and family farms can be worth millions to tens of millions on paper.
Re:A Message from the Billionaire’s Club: Tax Us by Loughla on Monday June 24, 2019 @11:42AM (#20264651)
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.

Re:A Message from the Billionaire’s Club: Tax Us by murphysbooks on Monday June 24, 2019 @09:20AM (#20263268)
What do the references "downstate conservatives" and "Donny" mean?
Re:A Message from the Billionaire’s Club: Tax Us by qntty on Monday June 24, 2019 @09:24AM (#20263303)
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.

Re:A Message from the Billionaire’s Club: Tax Us by brianzelip on Monday June 24, 2019 @09:28AM (#20263341)
"Downstate" means south of Chicago (which is located in the NE region of Illinois).
Re:A Message from the Billionaire’s Club: Tax Us by daveslash on Monday June 24, 2019 @10:11AM (#20263662)
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".