Why is everyone talking about a 'death tax'?

<p>There&rsquo;s a common saying that there&rsquo;s nothing certain in this world except death and taxes, and so today, we&rsquo;re taking it one step further and talking about a death tax. That&rsquo;s right. You might&rsquo;ve heard the term &lsquo;death tax&rsquo; in the news lately amid discussion on the Federal budget.&nbsp;</p> <p>In today&rsquo;s podcast, we&rsquo;re going to explain the proposed changes, which mean discretionary trusts would face a minimum 30% tax on trust income.</p> <p>Hosts: Zara Seidler and Elliot Lawry<br />Producer: Rosa Bowden</p> <p>For more stories like this, sign up to TDA's Finance newsletter <a href="https://finance.thedailyaus.com.au/?modal=signup">here</a>.</p> <p><em>Today's podcast was sponsored by YWCA, to learn more please visit: </em><em><a href="http://ywca.org.au/membership">ywca.org.au/membership</a></em></p> <p>Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.</p> <p>The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.<strong></strong></p> <p><strong>Want more from TDA?<br /></strong><a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a><br /><a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>