estate tax

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noun

a tax imposed on a decedent's property, assessed on the gross estate prior to distribution to the heirs.

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Also called death tax.

Origin of estate tax

First recorded in 1905–10

Words nearby estate tax

estate agent, estate-bottling, estate car, estate duty, Estates General, estate tax, Este, esteem, esteemed, Estelle, Estepona

How to use estate tax in a sentence

More than a century ago amid soaring inequality and the rise of stratospherically wealthy families such as the Mellons and Rockefellers, Congress created the estate tax as a way to raise money and clip the fortunes of the rich at death.
More Than Half of America’s 100 Richest People Exploit Special Trusts to Avoid Estate Taxes|by Jeff Ernsthausen, James Bandler, Justin Elliott and Patricia Callahan|September 28, 2021|ProPublica
More than half of the nation’s 100 richest individuals have used GRATs and other trusts to avoid estate tax, the analysis shows.
More Than Half of America’s 100 Richest People Exploit Special Trusts to Avoid Estate Taxes|by Jeff Ernsthausen, James Bandler, Justin Elliott and Patricia Callahan|September 28, 2021|ProPublica
Without the $500 million or so passed through the trusts, he said, Powell Jobs’ heirs would have to sell stock that she intends to give to charity to pay her estate tax bill.
More Than Half of America’s 100 Richest People Exploit Special Trusts to Avoid Estate Taxes|by Jeff Ernsthausen, James Bandler, Justin Elliott and Patricia Callahan|September 28, 2021|ProPublica
Virginia gets high marks, for example, for a low minimum wage, no estate tax and for being a right-to-work state, which discourages union membership.
Is Virginia an economic success or ‘in the ditch?’ Depends on which candidate you ask.|Gregory S. Schneider|July 13, 2021|Washington Post

He added that lawmakers should go beyond reforms targeting the accounts directly and address a potential estate tax dodge related to Roths.
The Ultrawealthy Have Hijacked Roth IRAs. The Senate Finance Chair Is Eyeing a Crackdown.|by Justin Elliott, Patricia Callahan and James Bandler|June 25, 2021|ProPublica
At present, the federal estate tax kicks in at estates valued at more than $5.34 million.
Huckabee: ‘A Tax Is Punishment’|Lloyd Green|September 29, 2014|DAILY BEAST
Trying to rally a nation against the estate tax is a tough lift.
What Is ‘Natural Marriage?’|Michelle Cottle|March 27, 2014|DAILY BEAST
But in my experience, arguing over the estate tax for much of the past decade, the name has nothing to do with it.
Illegal Immigrants Have Been Banned From the AP Stylebook|Megan McArdle|April 3, 2013|DAILY BEAST
They get very upset if you suggest otherwise, whether you call it the estate tax, the death tax, or "fred".
Illegal Immigrants Have Been Banned From the AP Stylebook|Megan McArdle|April 3, 2013|DAILY BEAST
But there are still sticking points, including scheduled increases in the estate tax.
Biden, McConnell Race to Avoid Fiscal Cliff|Howard Kurtz|December 31, 2012|DAILY BEAST
For the commutation tax there should be substituted an estate tax rising from 3d.
The World's Greatest Books--Volume 14--Philosophy and Economics|Various

estate tax

Origin of estate tax

Words nearby estate tax

Words related to estate tax

How to use estate tax in a sentence