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In Michigan, a ballot measure endorsed by the state’s board of education called Invest in MI Kids would scrap its flat tax and include an additional 5% tax on those claiming over $500,000 (or $1 million for joint filers) in income to fund public education.—Gordon Ebanks, CNN Money, 17 Feb. 2026 Italy is in the throes of a private membership boom to cater to a growing wave of wealthy investors due to the flat tax of 100,000 euros a year with no limits to residency that was introduced by former Prime Minister Matteo Renzi.—Sofia Celeste, Footwear News, 4 Feb. 2026 Especially after Brexit, Milan has become the destination of choice for millionaires lured by the 2017 change in Italian tax policies, which features a 7% flat tax for retirees and new residents on foreign income.—Scott M. Reid, Oc Register, 30 Jan. 2026 West Virginia lawmakers are in the process of phasing out their income tax, while North Carolina's flat tax fell from 4.25% to 3.99% in January.—Robert Frank, CNBC, 30 Jan. 2026 See All Example Sentences for flat tax