estate tax (Meaning)
estate tax (n)
a tax on the estate of the deceased person
Synonyms & Antonyms of estate tax
Synonyms:
Synonyms:
estate tax Sentence Examples
- The estate tax is a tax levied on the transfer of property from a deceased person to their heirs.
- Estate taxes are typically assessed on the value of the estate, not the beneficiaries' individual assets.
- In the United States, the estate tax is a federal tax imposed on the value of an estate that exceeds a certain threshold.
- The estate tax is intended to ensure a fair distribution of assets among heirs and to prevent the concentration of wealth in a few families.
- The estate tax has been a subject of debate, with some arguing that it is an unfair burden on wealthy individuals and their families.
- Supporters of the estate tax believe that it is a necessary tool to prevent the accumulation of excessive wealth and promote social mobility.
- Opponents of the estate tax argue that it discourages investment and incentivizes wealthy individuals to move their assets offshore.
- The estate tax laws vary from country to country, with some countries exempting small estates from taxation.
- In some countries, the estate tax rate is progressive, meaning that the tax rate increases as the value of the estate increases.
- In some countries, the estate tax is a flat tax, meaning that the tax rate is the same regardless of the value of the estate.
FAQs About the word estate tax
a tax on the estate of the deceased person
flat tax, income tax, death tax,inheritance tax, supertax, property tax, surtax, tariff, single tax, value-added tax
No antonyms found.
The estate tax is a tax levied on the transfer of property from a deceased person to their heirs.
Estate taxes are typically assessed on the value of the estate, not the beneficiaries' individual assets.
In the United States, the estate tax is a federal tax imposed on the value of an estate that exceeds a certain threshold.
The estate tax is intended to ensure a fair distribution of assets among heirs and to prevent the concentration of wealth in a few families.