flat tax

Example Sentences

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Recent Examples of flat tax The new flat tax rate was signed into law by Gov. Kim Reynolds in May, who, along with state lawmakers, have argued that the state was collecting too much money from its residents, the publication noted. Aimee Picchi, CBS News, 1 Jan. 2025 Those fees included a 2.5% flat tax for Muslim charity, as well as a road tax and various income taxes on individuals and small businesses, Zelin says. Lauren Frayer, NPR, 20 Dec. 2024 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 See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
  • 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
  • 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
Noun
  • This means that an individual can pay an unlimited amount for someone’s qualified tuition expenses without reducing their $19,000 per recipient annual exclusion or triggering any gift tax (or use of gift/estate tax exemption).
    Darren T. Case, Forbes, 25 Feb. 2025
  • 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
Noun
  • The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms.
    Martin Shenkman, Forbes, 20 Feb. 2025
  • 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
Noun
  • Gains realized on investments sold within a one-year holding period are classified as short-term capital gains, which are taxed at your ordinary income tax rate.
    True Tamplin, Forbes, 21 Mar. 2025
  • That way, the burden would fall on all Golden State taxpayers, not just Edison, PG&E and SDG&E customers — a much more equitable strategy, especially given California’s progressive income tax system, which requires higher earners to pay more.
    Sammy Roth, Los Angeles Times, 20 Mar. 2025
Noun
  • The property tax agreement says Chula Vista will continue to collect that revenue until LAFCO approves the annexation.
    David Garrick, San Diego Union-Tribune, 13 Mar. 2025
  • Taylor said the district has saved homeowners $23 million through state property tax relief grants, which abate $2.5 million each year.
    Olivia Stevens, Chicago Tribune, 11 Mar. 2025
Noun
  • However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.
    William Lambers, Newsweek, 7 Mar. 2025
  • 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
Noun
  • The payments sent back $250 to single tax filers and $375 to head-of-household filers.
    Chris McKenna, USA TODAY, 10 Dec. 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

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Cite this Entry

“Flat tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/flat%20tax. Accessed 25 Mar. 2025.

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