The estate tax is a tax that is levied on all property that is declared in a deceased person’s will. The tax is also known as the “inheritance tax” or “death tax.” In 2016, the estate tax rate is 40% and only applies to estates with a value greater than $5.45 million. In 2015 5,300 estates in the U.S. were subject to the tax and paid $18.4 billion in taxes. Proponents of the tax, including Hillary Clinton, argue that more estates should be subject to the tax and the threshold should be lowered from $5.45 million to $3.5 million. Opponents of the tax, including Donald Trump, argue that people who have paid income taxes their entire life should not be subject to another tax when they die.
56% Yes |
44% No |
48% Yes |
36% No |
8% Yes, and we should eliminate it |
5% No, I am satisfied with the current rate |
2% No, and increase it at a progressive rate |
See how support for each position on “Estate Tax” has changed over time for 214k America voters.
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See how importance of “Estate Tax” has changed over time for 214k America voters.
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