estate tax

Example Sentences

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Recent Examples of estate tax Some of the expiring TCJA provisions include lower federal income tax brackets, bigger standard deductions, a more generous child tax credit, higher gift and estate tax exemptions and a 20% tax break for pass-through businesses, among others. Kate Dore, Cfp®, CNBC, 12 Sep. 2024 Individuals can use 529 plans to reduce estate tax liability, maximize contributions through superfunding and provide allowances through rollovers to Roth IRAs, all leading to significant tax savings. Robert Cole, Forbes, 9 Jan. 2025 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 Some states have their own estate tax rules that don’t align with federal ones. Ashley Case, Forbes, 26 Dec. 2024 See all Example Sentences for estate tax 
Recent Examples of Synonyms for estate tax
Noun
  • According to Oxfam’s analysis, half of the world’s billionaires live in countries with no inheritance tax for direct descendants.
    Jessica Dickler, CNBC, 22 Jan. 2025
  • Maryland is also the only state with a digital advertising tax, and both an estate tax and inheritance tax.
    Jeff Abell, Baltimore Sun, 22 Jan. 2025
Noun
  • 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
Noun
  • The new flat tax rate was signed into law by Gov. Kim Reynolds in May, who, along with state lawmakers, have argued that the state was collecting too much money from its residents, the publication noted.
    Aimee Picchi, CBS News, 1 Jan. 2025
  • Those fees included a 2.5% flat tax for Muslim charity, as well as a road tax and various income taxes on individuals and small businesses, Zelin says.
    Lauren Frayer, NPR, 20 Dec. 2024
Noun
  • Residents of these remote villages rely on VITA to prepare free income tax returns.
    Kelly Phillips Erb, Forbes, 7 Feb. 2025
  • The move was part of an overhaul aimed at eventually phasing out the state's individual income tax altogether which also extended the state sales tax to more services.
    Yaakov Katz, Newsweek, 7 Feb. 2025

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 22 Feb. 2025.

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