death tax


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Related to death tax: inheritance tax

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

References in periodicals archive ?
A final determination does not include a determination of the portion of the state death tax credit that is due to another state.
You may not be an expert on tax law, but you can play a strategic role when your clients face state and federal death tax complexities.
Earlier this year we respectfully asked that you schedule a vote on this important issue, and we are encouraged by your indication that a vote to provide death tax relief to small business owners and family farms will take place later this week," Rehr wrote.
Illinois Senator Dick Durbin tells the story of how he was once asked by an O'Hare Airport baggage handler when he was going to do away with the Death Tax, "so I won't have to pay it.
It also means that the additional estate tax will be phased out along with the Federal State Death Tax Credit.
He has authored several books on estate planning, including After Death Tax Planning: Minimizing Tax Liabilities and A Guide to Practical Estate Planning.
The death tax is a threat to the future viability and growth of family-owned businesses," says Jerry Howard, NAHB executive vice president and CEO.
citing the tax relief act and the elimination of the death tax as moves that provided "tremendous relief for small businesses.
The federal estate tax has often been referred to as the Death Tax.
Congress is expected to begin debate this spring on making the death tax repeal permanent.
If the decedent's state death tax is based on the Form 706 federal state death tax credit, the alternative valuation election will reduce the tax.