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15.2 Taxation  (Page 12/19)

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  • Card 12 / 19:
    estate and gift tax

    a tax on people who pass assets to the next generation—either after death or during life in the form of gifts

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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