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death tax

noun

: a tax arising on the transmission of property after the owner's death
especially : estate tax

Example Sentences

Recent Examples on the Web But some, without inflation adjustments, are still taxing estates at levels that haven’t budged for years, meaning more families are getting surprise death tax bills. Ashlea Ebeling, Forbes, 13 May 2022 President Biden has set his sights on enacting a new death tax on top of the existing estate tax. Chuck Grassley, WSJ, 11 Aug. 2021 House Bill 2881, filed by representative Shawn Dooley of Norfolk, fixes the flaws of our current Massachusetts death tax. BostonGlobe.com, 21 July 2021 The real cost of losing senior residents who seek to avoid the Massachusetts death tax? BostonGlobe.com, 21 July 2021 Anyone who wants to prevent the short-termism prevalent in corporate America should think twice about creating disincentives to long-term planning via the death tax. WSJ, 17 June 2021 This is a backdoor death tax, and Penn Wharton estimates the change would raise up to $113 billion over a decade. The Editorial Board, WSJ, 6 May 2021 Scaling back the step-up (which has been around since 1921) will also effectively extend the reach of a de facto estate tax far below the level at which the regular death tax kicks in. Andrew Stuttaford, National Review, 1 May 2021 This is a back door addition to the current death tax rate of 40%. The Editorial Board, WSJ, 28 Apr. 2021 See More

Word History

First Known Use

1880, in the meaning defined above

Time Traveler
The first known use of death tax was in 1880

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