flat tax

Examples Sentences

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Recent Examples of flat tax In the summer, Italy doubled the flat tax paid by wealthy individuals on their income earned overseas. Byprarthana Prakash, Fortune Europe, 30 Oct. 2024 Changes corporate tax rate to a flat tax and ends the film production tax credit. Chelsea Brasted, Axios, 9 Oct. 2024 Policies: On his campaign website, Bradley says his top priorities are defending law enforcement, expanding school choice and charter schools, tax relief and phasing in a flat tax, reducing a backlog of professional licenses, and keeping voter ID intact. Milwaukee Journal Sentinel, Journal Sentinel, 1 Oct. 2024 To set themselves apart, these countries experimented with avant-garde neoliberal reforms not widely adopted elsewhere, such as pension privatization, the flat tax, and severe cuts in corporate tax rates. Hilary Appel, Foreign Affairs, 1 June 2015 See all Example Sentences for flat tax 
Recent Examples of Synonyms for flat tax
Noun
  • Similar to estate tax in the U.S., inheritance tax in the U.K. is charged at 40% on the property, possessions and money of someone who has died, above a threshold of 325,000 pounds, or around $410,000.
    Hannah Peart, NBC News, 30 Nov. 2024
  • 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
  • Awareness of these potential obstacles is crucial for effective estate tax planning.
    Christine Fletcher, Forbes, 3 Dec. 2024
  • Both plans would repeal the estate tax, the alternative minimum tax, and the tax on investment income imposed by Obamacare.
    Alex Raskolnikov, Foreign Affairs, 24 May 2017
Noun
  • 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
  • So get rid of the death tax for everybody.
    Alamin Yohannes, EW.com, 31 Mar. 2023
Noun
  • In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.
    Robert W. Wood, Forbes, 5 Dec. 2024
  • Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.
    Kim Bojórquez, Axios, 5 Dec. 2024
Noun
  • Despite a last-minute plea from St. Paul Mayor Melvin Carter and a wide-ranging assembly of city partners, the St. Paul City Council voted 4-2 on Wednesday to reject the mayor’s final budget proposal, which called for a 6.9% property tax levy increase.
    Frederick Melo, Twin Cities, 11 Dec. 2024
  • The City of Brookfield has never held a property tax levy referendum, according to Scott.
    Bridget Fogarty, Journal Sentinel, 5 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
  • 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
  • This strategy, involves clustering donations in a single tax year to surpass the standard deduction and make itemizing worthwhile.
    James Brewer, Forbes, 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 21 Dec. 2024.

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