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  2. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    The estate tax is periodically the subject of political debate. Some opponents have called it the "death tax" [1] while some supporters have called it the "Paris Hilton tax". [2] There are many exceptions and exemptions that reduce the number of estates with tax liability: in 2021, only 2,584 estates paid a positive federal estate tax. [3]

  3. States With Inheritance Tax - AOL

    www.aol.com/states-inheritance-tax-130000515.html

    States With Estate Tax. State. Tax Rates. Exemption Limit. Due Date. Connecticut. 7.2% to 12%. $2.6 million. 9 months after the date of the decedent’s death

  4. What Is the Death Tax? - AOL

    www.aol.com/death-tax-010007782.html

    The U.S. has two kinds of so-called death taxes: the estate tax, which is levied by the federal government and certain states, and the inheritance tax, which is levied by a number of other states ...

  5. Illinois Inheritance Laws: What You Should Know - AOL

    www.aol.com/news/illinois-inheritance-laws-know...

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  6. List of countries by inheritance tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of their death before it is passed on to their heirs. [1] [2] [3]

  7. Inheritance tax - Wikipedia

    en.wikipedia.org/wiki/Inheritance_tax

    The tax rate is dependent on the kinship between the decedent and the one, who receives the inheritance. [47] Some jurisdictions formerly had estate or inheritance taxes, but have abolished them: Australia: Abolished the federal estate tax in 1979, [48] and Australian State inheritance taxes (called death duties) were abolished between 1978 and ...

  8. 7 states with the highest death taxes - AOL

    www.aol.com/article/2016/01/11/7-states-with-the...

    The estate tax rates have a slightly higher low end, ranging from 5.6% to 16%, with top rates assessed on estates valued at $10 million or more. Only spouses are exempt from estate taxes but there ...

  9. Illinois - Wikipedia

    en.wikipedia.org/wiki/Illinois

    The property tax in Illinois is imposed only on real property. [25] [28] [67] On May 1, 2019, the Illinois Senate voted to approve a constitutional amendment that would have stricken language from the Illinois Constitution requiring a flat state income tax, in a 73–44 vote. If approved, the amendment would have allowed the state legislature ...