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  2. Republican proposes senior tax exemption as Democrats ...

    www.aol.com/republican-proposes-senior-tax...

    (The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...

  3. Property tax hikes and a new double-digit tax on firearms are among proposals Washington state Democrats are considering, according to materials originally disseminated to all members by ...

  4. What Is the Tax Cuts and Jobs Act (TCJA)? - AOL

    www.aol.com/finance/tax-cuts-jobs-act-tcja...

    Increased estate tax exemption: The estate tax exemption increased to $13.6 million in 2024 for single filers. It increased to $13.99 million for the 2025 tax year. It increased to $13.99 million ...

  5. Estate tax in the United States - Wikipedia

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

    Exemption amounts under the state estate taxes vary, ranging from the federal estate tax exemption amount or $5.34 million, indexed for inflation (two states) to $675,000 (New Jersey). The most common amount is $1 million (three states and the District of Columbia).

  6. 9 States Where You Can Retire Without Paying State Income Tax

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    January 12, 2025 at 4:01 AM. ... homestead property tax exemptions and senior-friendly communities. Nevada. Property tax rate: 0.84%. ... Washington. Property tax rate: 0.92%.

  7. 2006 Washington Initiative 920 - Wikipedia

    en.wikipedia.org/wiki/2006_Washington_Initiative_920

    Family farms, for example, are completely exempt from the estate tax. Last year, the Washington Estate Tax affected only 250 of the wealthiest estates. [5] Groups opposing I-920 include: American Federation of Teachers of Washington; Children's Alliance; First Place; International Union of Operating Engineers — Local 609; League of Education ...

  8. Tax Cuts and Jobs Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

    For deaths occurring between 2018 and 2025, estates that exceed $11.2 million are subject to a 40% estate tax at time of death, increased from $5.6 million previously. For a married couple aggregating their exemptions, an estate exceeding $22.4 million is subject to a 40% estate tax at time of death. [38]

  9. If Trump Reinstates Tax Cuts, Here’s How Much You ... - AOL

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    Asher Rubinstein, partner at Gallet Dreyer & Berkey in New York City, added that the TCJA also increased the exemption from the federal estate tax to $14 million, and limited the SALT deduction ...

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