“I got rid of the estate tax on farms and small businesses.”

Donald TrumpEconomy

CredMeter Fact Check Verdict

Fact Check Performed On October 11, 2026

EXAGGERATION

The federal estate tax was not eliminated. The One Big Beautiful Bill Act raised the basic exclusion amount to $15 million per person for 2026 and made it permanent, but the 40% top rate on amounts above the exemption remains in the Internal Revenue Code.

Evidence sources

3 references
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Event & original context

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