Only five states in the entire country have an inheritance tax, and Pennsylvania is one of them. Think about it, your kids will have to ante up 4.5% inheritance tax on anything you leave them ...

But in Pennsylvania, even an estate well below that $13.99 million threshold could still be subject to a state-level inheritance tax, and heirs could be personally responsible for paying it.

It’s hard not to feel some pity for Rachel Reeves. Her party and her own promises have boxed her into an impossible position.

Reeves has already ruled out increases to income tax, national insurance and VAT, while inheritance tax brought in a record ...

Explore Pennsylvania's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Pennsylvania compares nationwide.

The Centre for the Analysis of Taxation (CenTax), which has been broadly supportive of the idea of a so called ‘tractor tax’, ...