death tax

Example Sentences

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Recent Examples of death tax The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms. Martin Shenkman, Forbes, 20 Feb. 2025 Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies. Matthew F. Erskine, Forbes, 2 Jan. 2025 For those with taxable annual incomes above $1.0 million a year, a Harris-Walz administration would at death tax unrealized capital gains at 28% (lower than the Biden proposal of 39.6%) for amounts above $5.0 million maximum, $10.0 million for joint filers. Milton Ezrati, Forbes, 9 Oct. 2024 So get rid of the death tax for everybody. Alamin Yohannes, EW.com, 31 Mar. 2023 But some, without inflation adjustments, are still taxing estates at levels that haven’t budged for years, meaning more families are getting surprise death tax bills. Ashlea Ebeling, Forbes, 13 May 2022 President Biden has set his sights on enacting a new death tax on top of the existing estate tax. Chuck Grassley, WSJ, 11 Aug. 2021 House Bill 2881, filed by representative Shawn Dooley of Norfolk, fixes the flaws of our current Massachusetts death tax. BostonGlobe.com, 21 July 2021 The real cost of losing senior residents who seek to avoid the Massachusetts death tax? BostonGlobe.com, 21 July 2021
Recent Examples of Synonyms for death tax
Noun
  • Additionally, for trusts settled after October 30, 2024, the 40% UK inheritance tax may also apply to decedents who were settlors and beneficiaries of a trust, as is the case commonly for US revocable trusts.
    Priya Prakash Royal Esq. LL.M. MBA AEP TEP, Forbes.com, 31 Mar. 2025
  • However, one caveat about inheritance tax: Unlike the US, in France the tax applies per beneficiary instead of the total estate value.
    CNN.com, Mercury News, 24 Mar. 2025
Noun
  • More specifically, a clear, firm decision on the estate tax exemption amounts before the calendar flips to 2026.
    Darren T. Case, Forbes.com, 31 Mar. 2025
  • But the income tax and estate tax have different definitions of grantor trusts.
    Bob Carlson, Forbes, 13 Mar. 2025
Noun
  • The second type of problem involved individual taxpayers who faced tax time headaches when trying to claim the credit when filing 2024 income tax returns.
    Susan Tompor, USA Today, 31 Mar. 2025
  • Arizona and North Dakota (both 2.5%) have the lowest among states with an income tax.
    Alex Fitzpatrick, Axios, 28 Mar. 2025
Noun
  • Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense.
    Steve Forbes, Forbes.com, 28 Mar. 2025
  • Tariffs are a sales tax on Americans – a big, flat tax on everyone.
    Clem Chambers, Forbes, 5 Mar. 2025

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“Death tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/death%20tax. Accessed 10 Apr. 2025.

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