The U.S.estate tax is sometimes called the ____________ tax.
A) elite
B) death
C) middle-class
D) inheritance

Question

Quizplus · Accepted Answer

The U.S. estate tax is commonly known as the death tax as it is a tax imposed on the transfer of a deceased person's estate. Option A is incorrect as the estate tax is not restricted to the elite. Option C is incorrect as there is no separate estate tax for the middle-class. Option D is partially correct as it refers to inheritance, which is an important factor in the estate tax, but the estate tax itself encompasses more than just inheritance.

The USEstate Tax Is Sometimes Called the ____________ Tax