by Jane Richey | Jun 25, 2013 | Fiscal Responsibility
The Pennsylvania state budget may deliver some good news for family-owned businesses. Eliminating the inheritance tax for small businesses could be part of the 2013-2014 budget negotiations now ongoing in the statehouse, with a unanimous vote from the House of...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
Governor Tom Corbett has signed a law that eliminates the Pennsylvania inheritance tax on farmers. Before now, children who inherited the family farm had to pay an inheritance tax of 4.5 percent. Those who inherited farmland from a sibling had to pay almost triple...