Thousands of families in Pennsylvania are affected by the inheritance tax, usually known as the “death tax.” Pennsylvania is one of only six states that still levy this loathsome tax.
Very little is said about the inheritance tax because it brings in so much money. In fiscal year of 2013, the tax brought in an unbelievable $845.3 million — almost $1 billion.
No wonder Gov. Tom Corbett and our legislators don't talk about it. The more people who die in Pennsylvania, the more money the state makes.
But that's not the whole story.
When examined closely, this tax is brutal, cruel and inhumane. A family loses a loved one, but also faces losing a large part of its finances. Houses, cars or savings accounts are used to pay the death tax and many families do.
Older Pennsylvanians are leaving Pennsylvania in droves because of this, but it doesn't matter to the state. The state should treat a family that has lost a loved one with compassion, not a huge tax bill.
Find another way to take in a billion dollars, which will eventually be wasted on useless political schemes or adventures.
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