State Representative Steve Bloom, R-Cumberland, continues his push to end the inheritance tax. Just a few weeks into the 2013-14 legislative session, the House Finance Committee approved his legislation, HB 48, to end the inheritance tax, called by some the "death tax," on family-owned businesses.
January 22, 2013 at 12:00 AM
1 minute read
State Representative Steve Bloom, R-Cumberland, continues his push to end the inheritance tax. Just a few weeks into the 2013-14 legislative session, the House Finance Committee approved his legislation, HB 48, to end the inheritance tax, called by some the “death tax,” on family-owned businesses.
The measure is a follow-up to a Bloom bill, signed by Governor Tom Corbett in July 2012, that ended the inheritance tax on family farms.
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