5 Minute Focus: Will Pennsylvania Continue to Impose an Inheritance Tax?
Get caught up to date on the discussions of the inheritance tax and it's impact on citizens in Pennsylvania. Today, the Commonwealth receives about $1.2 billion in revenue with an inheritance tax that ranges from 4.5% to 15% and affects all inherited wealth. Pennsylvania is one of only six states that still has an inheritance tax, and with no exclusions that limit when the tax is applied. --- Support this podcast: https://podcasters.spotify.com/pod/show/pennsylvania-in-focus/support
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Show Notes
Get caught up to date on the discussions of the inheritance tax and it's impact on citizens in Pennsylvania. Today, the Commonwealth receives about $1.2 billion in revenue with an inheritance tax that ranges from 4.5% to 15% and affects all inherited wealth. Pennsylvania is one of only six states that still has an inheritance tax, and with no exclusions that limit when the tax is applied.
Support this podcast: https://podcasters.spotify.com/pod/show/pennsylvania-in-focus/support
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