as in flat tax
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Recent Examples of Synonyms for proportional tax
Noun
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In the summer, Italy doubled the flat tax paid by wealthy individuals on their income earned overseas.BYPrarthana Prakash, Fortune Europe, 30 Oct. 2024
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Changes corporate tax rate to a flat tax and ends the film production tax credit.Chelsea Brasted, Axios, 9 Oct. 2024
Noun
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Asset managers Pension contributions in Britain will now fall within the purview of the inheritance tax regime, which is set at 40%.Ganesh Rao, CNBC, 31 Oct. 2024
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Increasing the standard inheritance tax rate to 45% from 40% would raise another £800 million.Samuel Burke, Fortune Europe, 29 Oct. 2024
Noun
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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
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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
Noun
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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
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So get rid of the death tax for everybody.Alamin Yohannes, EW.com, 31 Mar. 2023
Noun
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One of the similarities between the Canadian tax system and the U.S. tax system is that most income tax and benefit amounts in both countries are indexed to inflation (only a few countries adjust their income tax thresholds for inflation—out of 160 economies, 131 have no adjustment at all).Kelly Phillips Erb, Forbes, 2 Nov. 2024
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During the quarter, Apple paid a one-time income tax charge of $10.2 billion to resolve a long-running case dating back to 2016 over how the company handled taxes in Ireland.Kif Leswing, CNBC, 31 Oct. 2024
Thesaurus Entries Near proportional tax
Cite this Entry
“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 14 Nov. 2024.
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