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Definition of estate tax in English: estate taxnoun US another term for inheritance tax Example sentencesExamples - The good news is, slowly but surely, the estate tax is going away.
- One of the more significant provisions of the 2001 Tax Act was the repeal of the federal estate tax in 2010.
- The estate tax is America's most progressive and fairest tax, paid only by multi-millionaires and billionaires.
- Bush's plan, once implemented, will phase out the estate tax and sharply reduce the top income tax brackets.
- The drive to abolish the estate tax is just one part of a much broader attack on the progressive tax system.
- First of all, the estate tax certainly impedes capital formation.
- It could be balanced with a steep estate tax that encouraged people to spend/donate most of their wealth before death.
- He not only eliminated the estate tax and lowered the tax rates on dividends and capital gains but reduced the rates on regular income taxes as well.
- But I thought the repeal of the estate tax was one of the main ways the Bush tax cut benefits the well-to-do?
- He estimated that the reduction in income tax revenue was of roughly the same magnitude as the direct revenue effect of the estate tax.
- The truth is that most of the accumulated wealth that is subject to the estate tax was never taxed at all as income.
- With the estate tax winding down over the next seven years, though, you might think these maneuvers had become passé.
- Some other states, such as New Jersey, do apply an inheritance tax in addition to the federal estate tax, so future liability must be checked prior to any purchase.
- Like the Alternative Minimum Tax, the estate tax will affect a growing number of Americans as prices creep up.
- They may think that the phase-out of the federal estate tax means no taxes will be due when they die.
- The House voted to repeal the estate tax at a cost of nearly $1 trillion over 10 years.
- The income tax would apply in more situations than the estate tax would.
- But the estate tax was meant to do more than bolster budgets and aid charities.
- As a result, the number of households subject to the estate tax will shrink from 50,000 to about 6,000 a year.
Definition of estate tax in US English: estate taxnounəsˈteɪt US A tax levied on the net value of the estate of a deceased person before distribution to the heirs. Example sentencesExamples - He not only eliminated the estate tax and lowered the tax rates on dividends and capital gains but reduced the rates on regular income taxes as well.
- The drive to abolish the estate tax is just one part of a much broader attack on the progressive tax system.
- It could be balanced with a steep estate tax that encouraged people to spend/donate most of their wealth before death.
- The House voted to repeal the estate tax at a cost of nearly $1 trillion over 10 years.
- The estate tax is America's most progressive and fairest tax, paid only by multi-millionaires and billionaires.
- The good news is, slowly but surely, the estate tax is going away.
- Bush's plan, once implemented, will phase out the estate tax and sharply reduce the top income tax brackets.
- The income tax would apply in more situations than the estate tax would.
- He estimated that the reduction in income tax revenue was of roughly the same magnitude as the direct revenue effect of the estate tax.
- They may think that the phase-out of the federal estate tax means no taxes will be due when they die.
- But the estate tax was meant to do more than bolster budgets and aid charities.
- One of the more significant provisions of the 2001 Tax Act was the repeal of the federal estate tax in 2010.
- With the estate tax winding down over the next seven years, though, you might think these maneuvers had become passé.
- The truth is that most of the accumulated wealth that is subject to the estate tax was never taxed at all as income.
- First of all, the estate tax certainly impedes capital formation.
- Like the Alternative Minimum Tax, the estate tax will affect a growing number of Americans as prices creep up.
- As a result, the number of households subject to the estate tax will shrink from 50,000 to about 6,000 a year.
- But I thought the repeal of the estate tax was one of the main ways the Bush tax cut benefits the well-to-do?
- Some other states, such as New Jersey, do apply an inheritance tax in addition to the federal estate tax, so future liability must be checked prior to any purchase.
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