flat tax

noun

Examples of flat tax in a Sentence

Recent Examples on the Web Ohio and Montana are consolidating tax brackets and Georgia is adopting a flat tax. Jonathan Shorman, Kansas City Star, 10 Apr. 2024 Arizona implemented a flat tax with a top rate of 2.5% in January 2023, replacing the previous progressive system that topped out at 4.5%. The Arizona Republic, 6 Apr. 2024 The dual rate appears to have earned the support of some Republicans who voted against the flat tax earlier this year. Katie Bernard, Kansas City Star, 25 Mar. 2024 Phoenix uses federal funds, issues debt to avoid shortfall this year The rent tax elimination and flat tax are set to cost Phoenix's general fund $54 million this upcoming fiscal year, but the city made several maneuvers to relieve pressure and avoid a shortfall. Taylor Seely, The Arizona Republic, 29 Feb. 2024 In 2022, Iowa confirmed its position as a leader in the state flat-tax revolution by phasing out the nine-bracket progressive income tax and replacing it with what will ultimately be a 3.9 percent flat tax in 2026. Jonathan Williams, National Review, 21 Feb. 2024 Mayors want answers The elimination of the rent sales tax, combined with former Republican Gov. Doug Ducey's flat tax, has drastically reduced cities' revenues. Taylor Seely, The Arizona Republic, 15 Mar. 2024 The outline calls this tax regime a stop on the way to a pure consumption tax, but says the ultimate system could be a national sales tax, a business transfer tax, a flat tax, or a cash flow tax. Howard Gleckman, Forbes, 29 Feb. 2024 Republican lawmakers have focused on parts of the policy that benefit Kansas’ lowest earners, arguing the flat tax could draw more people and businesses to the state. Katie Bernard, Kansas City Star, 20 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'flat tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1952, in the meaning defined above

Time Traveler
The first known use of flat tax was in 1952

Dictionary Entries Near flat tax

Cite this Entry

“Flat tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/flat%20tax. Accessed 22 Apr. 2024.

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