as in proportional tax
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Recent Examples of flat tax
Two states, Iowa and Louisiana, are moving to a flat tax.
—
Kelly Phillips Erb, Forbes, 24 Dec. 2024
Come January 1, 14 states will have a flat tax, eight states will have no income tax at all, and two more are in the process of phasing theirs out.
—The Editors, National Review, 12 Dec. 2024
Earlier this year, Prime Minister Giorgia Meloni doubled the flat tax on foreign income from high earners who recently moved to Italy from abroad.
—Byprarthana Prakash, Fortune Europe, 3 Dec. 2024
Internationally, several Eastern European countries adopted flat tax systems in the late 1990s.
—Janae Bowens, Baltimore Sun, 26 Nov. 2024
See All Example Sentences for flat tax
Kelly Phillips Erb, Forbes, 24 Dec. 2024
Come January 1, 14 states will have a flat tax, eight states will have no income tax at all, and two more are in the process of phasing theirs out.
—The Editors, National Review, 12 Dec. 2024
Earlier this year, Prime Minister Giorgia Meloni doubled the flat tax on foreign income from high earners who recently moved to Italy from abroad.
—Byprarthana Prakash, Fortune Europe, 3 Dec. 2024
Internationally, several Eastern European countries adopted flat tax systems in the late 1990s.
—Janae Bowens, Baltimore Sun, 26 Nov. 2024
See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
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While the inheritance tax will be eliminated, the budget lowers the estate tax exemption threshold from $5 million to $2 million.—
J.B. Jennings,
Baltimore Sun,
11 Feb. 2025
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According to Oxfam’s analysis, half of the world’s billionaires live in countries with no inheritance tax for direct descendants.—
Jessica Dickler,
CNBC,
22 Jan. 2025
Noun
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Maryland is also the only state with a digital advertising tax, and both an estate tax and inheritance tax.—
Jeff Abell,
Baltimore Sun,
22 Jan. 2025
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This year’s conference examined: How buy-sell agreements impact valuation discounts and estate tax calculations.—
Matthew F. Erskine,
Forbes,
21 Jan. 2025
Noun
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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
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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
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Some taxpayers, the IRS said, may receive their income tax refunds a few days earlier.—
Susan Tompor,
USA TODAY,
25 Feb. 2025
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The new tax benefit for mothers of two or three (mothers of four are already exempt from income tax) will be phased in gradually from January.—
Mark Joseph,
Newsweek,
24 Feb. 2025
Noun
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But there has to be a better way to do this and part of that is reforming New York City’s very kooky property tax structure, where Con Ed pays more to City Hall than anyone else and then has to charge higher fees to customers.—
New York Daily News Editorial Board,
New York Daily News,
15 Feb. 2025
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On the business front, Maybank wrote, there could be more rebates for corporate tax, as well as rebates on property tax for commercial properties.—
Lim Hui Jie,
CNBC,
14 Feb. 2025
Noun
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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
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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
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.—
Chris McKenna,
USA TODAY,
10 Dec. 2024
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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
Cite this Entry
“Flat tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/flat%20tax. Accessed 28 Feb. 2025.
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