proportional tax

noun

Definition of proportional taxnext
as in flat tax

Synonyms & Similar Words

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Examples Sentences

Recent Examples of Synonyms for proportional tax
  1. flat tax
  2. inheritance tax
  3. estate tax
  4. death tax
  5. income tax
Noun
  • 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 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
Definition of flat tax
Noun
  • Lobby group Family Business UK said tens of thousands of family-run businesses and farms will be ruined by this change due to lower levels of inheritance tax relief.
    Marc Shoffman, theweek, 6 Nov. 2024
  • In contrast, the UAE provides a zero-income tax regime, no capital gains tax and no wealth or inheritance tax, creating a fertile ground for wealth accumulation and protection.
    Ravi Kotwani, Forbes, 31 Oct. 2024
Definition of inheritance tax
Noun
  • Estate Tax Revisions: Perhaps most important to estate planning attorneys is the discussion on the estate tax exemption (and corresponding gift tax exemption and generation-skipping transfer tax exemption).
    Darren T. Case, Forbes, 1 Nov. 2024
  • Higher estate tax exemptions approved under the Trump administration’s Tax Cuts and Jobs Act of 2017 are set to expire next year.
    Sean Conlon, CNBC, 27 Oct. 2024
Definition of estate tax
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
Definition of death tax
Noun
  • Trump has suggested cutting the corporate tax rate and has floated some income tax cuts too.
    Li Zhou, Vox, 6 Nov. 2024
  • Without changes from Congress, the income tax brackets will revert to 10%, 15%, 25%, 28%, 33%, 35% and 39.6% after 2025.
    Kate Dore, CFP®, CNBC, 5 Nov. 2024
Definition of income tax
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Thesaurus Entries Near proportional tax

proportional

proportional tax

proportional taxes

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“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 21 Nov. 2024.

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