Keep Indiana's modest inheritance tax in place.
Why is this important?
Indiana's legislature is close to voting away our state's inheritance tax. As it now stands, inheritance left to a spouse or charity is wholly exempt, and leaving a million dollars to a surviving child would incur a tax rate just under 5%, hardly destroying a family's fortune, while generating $165 million in annual revenue. At a time when state programs are needed to support infrastructure, education, and business development to create new opportunities, there's no reason to stop asking the extremely wealthy to pay it forward.
