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
  • The regime has long courted controversy, leading U.K. Finance Minister Rachel Reeves in her October budget to confirm that it would be abolished from April 2025, and that all long-term residents would be subject to inheritance tax (IHT) on their worldwide assets, including those held in trust.
    Karen Gilchrist, CNBC, 24 Jan. 2025
  • The plan also considers eliminating the inheritance tax and doing away with the Inflation Reduction Act’s alternative minimum tax for corporations.
    Tobias Burns, The Hill, 17 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
  • 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
  • Two states, Iowa and Louisiana, are moving to a flat tax.
    Kelly Phillips Erb, Forbes, 24 Dec. 2024
Noun
  • Minnesotans suffer under a high income tax rate, and Minnesota has lost tax-paying residents since 2019.
    Nicole Russell, USA TODAY, 31 Jan. 2025
  • Federal income tax is used to keep the country running, paying for expenses ranging from building and repairing the country's infrastructure, to providing education, public transportation and disaster relief.
    Thomas G. Moukawsher, Newsweek, 30 Jan. 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 9 Feb. 2025.

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