flat tax

Examples Sentences

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Recent Examples of flat tax Internationally, several Eastern European countries adopted flat tax systems in the late 1990s. Janae Bowens, Baltimore Sun, 26 Nov. 2024 Italy doubled its flat tax on wealthy foreigners to 200,000 euros ($217,000), responding to concerns about market disruption in luxury real estate hubs like Milan. David Faris, Newsweek, 2 Nov. 2024 In 2020, a constitutional amendment to change the flat tax to one with higher rates on higher earners was rejected by voters. Greg Bishop | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 2 Nov. 2024 Italy this summer doubled its flat tax on the overseas incomes of wealthy foreigners who transfer their tax residency to Italy, to 200,000 euros ($217,000). Robert Frank, CNBC, 1 Nov. 2024 See all Example Sentences for flat tax 
Recent Examples of Synonyms for flat tax
Noun
  • Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.
    Matthew F. Erskine, Forbes, 2 Jan. 2025
  • Under the new inheritance tax rules, from 2026 a 20% tax will be paid on the value of a farm above 1 million pounds.
    Fox News, Fox News, 11 Dec. 2024
Noun
  • Individuals can use 529 plans to reduce estate tax liability, maximize contributions through superfunding and provide allowances through rollovers to Roth IRAs, all leading to significant tax savings.
    Robert Cole, Forbes, 9 Jan. 2025
  • Retirees also don't pay an inheritance tax or an estate tax, and most groceries and all prescription and nonprescription drugs are tax-free.
    Dobrina Zhekova, Travel + Leisure, 20 Nov. 2024
Noun
  • Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.
    Matthew F. Erskine, Forbes, 2 Jan. 2025
  • For those with taxable annual incomes above $1.0 million a year, a Harris-Walz administration would at death tax unrealized capital gains at 28% (lower than the Biden proposal of 39.6%) for amounts above $5.0 million maximum, $10.0 million for joint filers.
    Milton Ezrati, Forbes, 9 Oct. 2024
Noun
  • An accompanying state constitutional amendment would set spending growth limits on the General Assembly and direct future revenue growth toward eliminating the personal income tax and corporate income tax.
    Jonathan Shorman and, Kansas City Star, 8 Jan. 2025
  • South Carolina lawmakers have racked up a number of conservative policy victories in recent years (such as the enactment of income tax relief, school choice, and Certificate of Need repeal).
    Patrick Gleason, Forbes, 7 Jan. 2025
Noun
  • Aldermen then proceeded to outmaneuver the mayor to land a budget with no property tax increase.
    Laura Washington, Chicago Tribune, 8 Jan. 2025
  • This provided $18 billion in property tax relief, with state government compensating local authorities for their loss in revenue from property taxes.
    George Monastiriakos, Newsweek, 31 Dec. 2024
Noun
  • Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.
    Tanyel Mustafa, refinery29.com, 12 Jan. 2024
  • But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.
    John Otis, NPR, 16 Apr. 2024
Noun
  • The payments sent back $250 to single tax filers and $375 to head-of-household filers.
    Chris McKenna, USA TODAY, 10 Dec. 2024
  • Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.
    Prarthana Prakash, Fortune Europe, 26 Nov. 2024

Thesaurus Entries Near flat tax

Cite this Entry

“Flat tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/flat%20tax. Accessed 20 Jan. 2025.

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