“No family will have to pay the death tax. You earned and saved that money for your family, not the government. You paid taxes on it when you earned it.”
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The federal estate tax was never eliminated. The Tax Cuts and Jobs Act doubled the filing threshold from $5.49 million (2017 deaths) to $11.18 million (2018), and the One Big Beautiful Bill Act, signed July 4, 2025, permanently raised the basic exclusion to $15 million beginning in 2026, sharply shrinking the number of estates that owe the tax. Estates above the exclusion still pay it, so the promise that no family will have to pay the death tax was substantially advanced but not fully kept.
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