estate tax

Washington has highest estate tax in the nation

Last month the Tax Foundation came out with a special report on state's inheritance and estate taxes, which included a special distinction for Washington state:

The Evergreen State imposes the highest top marginal estate tax rate in the nation, imposing a 20 percent rate on taxable estate values above $9 million. The state has an inflation-adjusted exemption which currently stands at $2.129 million.