State and Property Tax Incentives
Some states (Colorado, Virginia, Maryland, and North Carolina) offer a state income tax incentive and many states offer property tax incentives to conservation easement donors. In Pennsylvania, conservation restrictions on land included in the estate can reduce the inheritance tax owed.
Read more about this topic: Conservation Easement
Famous quotes containing the words state, property, tax and/or incentives:
“The State has but one face for me: that of the police. To my eyes, all of the State’s ministries have this single face, and I cannot imagine the ministry of culture other than as the police of culture, with its prefect and commissioners.”
—Jean Dubuffet (1901–1985)
“The English language is nobody’s special property. It is the property of the imagination: it is the property of the language itself.”
—Derek Walcott (b. 1930)
“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (1805–1859)
“Perestroika basically is creating material incentives for the individual. Some of the comrades deny that, but I can’t see it any other way. In that sense human nature kinda goes backwards. It’s a step backwards. You have to realize the people weren’t quite ready for a socialist production system.”
—Gus Hall (b. 1910)