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What is another word for inheritance tax?

Pronunciation: [ɪnhˈɛɹɪtəns tˈaks] (IPA)

Inheritance tax is a tax levied on the estate of a deceased person, which is then passed on to their heirs. If you're looking for synonyms for this term, there are a few different options to choose from. Estate tax is one possibility, as is death tax. Another option might be to refer to it as an inheritance levy, or simply an inheritance fee or charge. Additionally, some people might use the term probate tax to refer to this type of tax. Regardless of what you call it, the basic principle is the same: the government levies a tax on the assets left behind after someone passes away, with the funds going towards government programs and services.
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Synonyms for Inheritance tax:

What are the hypernyms for Inheritance tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Inheritance tax

  • No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar's worth of service rendered — not gambling in stocks, but service rendered.I believe in a graduated income tax on big fortunes, and ina graduated inheritance tax on big fortunes, properly safeguarded against evasion and increasing rapidly in amount with the size of the estate.
    Theodore Roosevelt
  • [T]here should be a heavily progressive National inheritance tax on big fortunes. The really big fortune, by the mere fact of its size, acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. A heavily progressive inheritance tax on all such fortunes (heaviest on absentees) has the good qualities of an income tax, without its drawbacks; it is far more beneficial to the community at large, and far less burdensome to private individuals, as well as far more easily collected. A moderate, but progressive, income tax, carefully devised to fall genuinely on those who ought to pay, would, I believe, he a good thing; but a heavy and heavily progressive inheritance tax on great fortunes would be a far better thing.
    Theodore Roosevelt

Related words: inheritance tax rates, inheritance tax for small business, inheritance tax uk, inheritance tax calculator, inheritance tax exemptions, inheritance tax ireland, inheritance tax calculator ireland

Related questions:

  • What is the inheritance tax threshold uk?
  • What is the inheritance tax in ireland 2018?
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