The Pennsylvania House Finance Committee held a hearing today on a number of proposals to eliminate, reduce, or change the state inheritance tax. The Pennsylvania inheritance tax applies to all estates left to adult children (4.5 percent rate), siblings (12 percent rate) or other designated heirs (15 percent rate). Estates left to spouses, children under age 21, or charities, are not taxed.
Joining me was David Logan, an economist with the Tax Foundation. His written testimony can be found here.