sponge taxes

A form of sponge tax — An estate tax imposed by a state that was credited against the federal estate tax, raising revenue for a state without increasing the overall tax burden.

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Meanings

noun
  1. pluralplural of sponge tax
Cite this entry
APA

sponge taxes. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/sponge%20taxes

MLA

“sponge taxes.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/sponge%20taxes. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “sponge taxes,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/sponge%20taxes.

Source: sponge taxes on Wiktionary, CC BY-SA 4.0.