as in proportional tax
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Recent Examples of flat tax
Earlier this year, Prime Minister Giorgia Meloni doubled the flat tax on foreign income from high earners who recently moved to Italy from abroad.
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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
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
See all Example Sentences for flat tax 
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
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
See all Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
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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
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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
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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The move was part of an overhaul aimed at eventually phasing out the state's individual income tax altogether which also extended the state sales tax to more services.—
Yaakov Katz,
Newsweek,
7 Feb. 2025
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Residents of these remote villages rely on VITA to prepare free income tax returns.—
Kelly Phillips Erb,
Forbes,
7 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
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 22 Feb. 2025.
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