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PermissionToConnect t1_j7oc335 wrote

Reply to comment by Or0b0ur0s in Landmark Pa. school funding case decided: The state’s system is unconstitutional by Hashslingingslashar

PA needs to charge estate taxes

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JessicaDAndy t1_j7p18p6 wrote

Pennsylvania does charge estate tax. For any amount. The rate changes based on relatedness to the decedent. Children pay less than your buddy you willed your boat to.

EDIT: Pa Department of Revenue website regarding Inheritance (Estate) tax.

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hsavvy t1_j7pg9bb wrote

IMO the estate tax should be changed to factor in the amount or the tax bracket of the recipient but yes, it does change based on your relationship.

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PermissionToConnect t1_j7sruhp wrote

> Pennsylvania does charge estate tax

no, they charge inheritance taxes and only if you aren't transferring to a spouse or joint owner

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