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Death Tax
(redirected from death taxes)

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Death Tax
An informal, pejorative term for the estate tax and the inheritance tax. The term is most commonly used by politicians and pundits who favor the abolition of one or both taxes.

death tax


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The rules of some death taxes vary according to the state in which the testator resided Although the federal estate tax has been dubbed the death tax, this phrase is also commonly used to designate the state inheritance tax in those states that impose it The rules of some death taxes vary according to the state in which the testator resided.
However, that plea may fail to sway the many who think that death taxes are a way to equalize wealth across society by having the haves pay for social services consumed by the have-nots.
Lib Dem spokeswoman Sarah Teather said: "Saddling grieving families with massive death taxes is not the answer.
 
 
 
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