death tax

“No death tax … borrowing from, in some cases … shylocks and bad people,” he said.

Previously, farms and agricultural businesses have been exempt from death taxes.

In 2010, Labour plans to fund social care were labelled a "death tax"' in that year's election, and Conservative plans were called a "dementia tax" in the 2017 election.

Anti-monarchy campaigners Republic argued "this arrangement amounts to a royal death tax".

"For years I have fought to protect farm and ranch families from the onerous and unfair death tax," Thune said.