start260 t1_jbhbfrs wrote on March 9, 2023 at 1:10 AM

Reply to comment by Aisling207 in Pennsylvania has No. 4 highest tax rates in U.S.: report by dissolutewastrel

https://www.penncapital-star.com/blog/revenue-dept-pa-collected-3-8b-in-tax-revenue-in-december/

Aisling207 t1_jbhc5nn wrote on March 9, 2023 at 1:15 AM

So, substantially less than $1 billion.

start260 t1_jbhg2zs wrote on March 9, 2023 at 1:45 AM

That’s still a substantial amount of tax revenue. However I did not realize how much the revenue has gone down. The feds getting rid of the estate tax which effectively repealed the Pa Estate tax and legislation allowing the ability to pass down family owned businesses and farms without paying the tax has had a huge effect on revenue. So yes there are ways to avoid the tax and Estate lawyers do earn their keep.

Aisling207 t1_jbhhibv wrote on March 9, 2023 at 1:56 AM

There really are not practical ways for the vast majority of people to avoid the inheritance tax.