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tax employing a rate schedule with higher marginal rates for larger taxable bases (income, property, transfer, etc.) — Also termed progressive tax. [Blacks Law 8th]

A tax imposed when property is voluntarily and gratuitously transferred. • Under federal law, the gift tax is imposed on the donor, but some states tax the donee. [Cases: Internal Revenue 4200; Taxation 906.10. C.J.S. Internal Revenue §§ 493–494, 499, 557–565, 573–575; Taxation §§ 1783–1784.] [Blacks Law 8th]

A federal social-security tax imposed on the employer of a domestic employee if the employer pays that employee more than a specified amount in total wages in a year. • The term, which is not a technical legal phrase, was popularized in the mid-1990s, when several of President Clinton’s nominees were found not to have…

A gift or estate tax imposed on a generation-skipping transfer or a generation-skipping trust. — Sometimes shortened to generation-skipping tax; transfer tax. IRC (26 USCA) §§ 2601–2663. See DIRECT SKIP; GENERATION-SKIPPING TRANSFER; generation-skipping trust under TRUST; TAXABLE DISTRIBUTION. [Cases: Internal Revenue 4220–4228. C.J.S. Internal Revenue §§ 576–578.] [Blacks Law 8th]

The tax limits the use of generation-skipping techniques as a means of avoiding estate taxes. [Cases: Internal Revenue 4220. C.J.S. Internal Revenue §§ 576–578.] [Blacks Law 8th]

A tax on a property transfer that skips a generation. • The tax limits the use of generation-skipping techniques as a means of avoiding estate taxes. [Cases: Internal Revenue 4220. C.J.S. Internal Revenue §§ 576–578.] [Blacks Law 8th]

1. A tax that returns no special benefit to the taxpayer other than the support of governmental programs that benefit all. [Cases: Taxation 1, 22. C.J.S. Taxation §§ 1–3, 5–6.] 2. A property tax or an ad valorem tax that is imposed for no special purpose except to produce public revenue. Cf. special assessment under…

A tax system in which different rates are assessed against different types of taxed property [Blacks Law 8th]

A tax imposed on the privilege of carrying on a business (esp. as a corporation), usu. measured by the business’s income. See FRANCHISE. [Cases: Taxation 117. C.J.S. Taxation §§ 177–180, 199.] . [Blacks Law 8th]

A tax levied on the transfer of property by will or intestate succession to a person other than the spouse, a parent, or a descendant of the decedent. Cf. legacy tax. [Cases: Taxation 856.1. C.J.S. Taxation §§ 1783–1785, 1792.] [Blacks Law 8th]