as in inheritance tax
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Recent Examples of estate tax
Higher estate tax exemptions approved under the Trump administration’s Tax Cuts and Jobs Act of 2017 are set to expire next year.
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Sean Conlon, CNBC, 27 Oct. 2024
The estate tax rate ranges from 18% to 40%, depending on the amount above the exemption amount.
—Medora Lee, USA TODAY, 25 Oct. 2024
Tax Cuts and Jobs Act The 2017 Tax Cuts and Jobs Act, a major revamp of the individual income and estate tax codes made under the Trump administration, is set to expire after 2025.
—Nerdwallet, The Mercury News, 15 Oct. 2024
The Tax Cuts and Jobs Act (TCJA) doubled the estate tax exemption to $13.61 million for individuals and $27.22 million for married couples; but, this is only for 2018 through 2025.
—Jessica Ledingham, J.d., Ll.m., Forbes, 25 Oct. 2024
See all Example Sentences for estate tax 
Sean Conlon, CNBC, 27 Oct. 2024
The estate tax rate ranges from 18% to 40%, depending on the amount above the exemption amount.
—Medora Lee, USA TODAY, 25 Oct. 2024
Tax Cuts and Jobs Act The 2017 Tax Cuts and Jobs Act, a major revamp of the individual income and estate tax codes made under the Trump administration, is set to expire after 2025.
—Nerdwallet, The Mercury News, 15 Oct. 2024
The Tax Cuts and Jobs Act (TCJA) doubled the estate tax exemption to $13.61 million for individuals and $27.22 million for married couples; but, this is only for 2018 through 2025.
—Jessica Ledingham, J.d., Ll.m., Forbes, 25 Oct. 2024
See all Example Sentences for estate tax
Recent Examples of Synonyms for estate tax
Noun
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Similar to estate tax in the U.S., inheritance tax in the U.K. is charged at 40% on the property, possessions and money of someone who has died, above a threshold of 325,000 pounds, or around $410,000.Hannah Peart, NBC News, 30 Nov. 2024
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Retirees also don't pay an inheritance tax or an estate tax, and most groceries and all prescription and nonprescription drugs are tax-free.Dobrina Zhekova, Travel + Leisure, 20 Nov. 2024
Noun
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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
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So get rid of the death tax for everybody.Alamin Yohannes, EW.com, 31 Mar. 2023
Noun
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Internationally, several Eastern European countries adopted flat tax systems in the late 1990s.Janae Bowens, Baltimore Sun, 26 Nov. 2024
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In 2020, a constitutional amendment to change the flat tax to one with higher rates on higher earners was rejected by voters.Greg Bishop | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 2 Nov. 2024
Noun
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In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.Robert W. Wood, Forbes, 5 Dec. 2024
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Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.Kim Bojórquez, Axios, 5 Dec. 2024
Thesaurus Entries Near estate tax
Cite this Entry
“Estate tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/estate%20tax. Accessed 21 Dec. 2024.
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