flat tax

Definition of flat taxnext

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of flat tax 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 Despite the flat tax amount doubling in 2024, the tax incentive continues to allure wealthy investors. Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 31 Aug. 2025 See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
  • The inheritance tax threshold at $750,000 would have seemed extreme two years ago.
    Greg Raiff, Fortune, 16 May 2026
  • Pennsylvania subjected everything she was left to inheritance tax at the state’s top 15% rate.
    Kelly Phillips Erb, Forbes.com, 16 May 2026
Noun
  • For example, a will might leave an amount equal to the decedent’s estate tax exemption to children, with the remainder passing to the surviving spouse free of estate tax under the marital deduction.
    Virginia La Torre Jeker, Forbes.com, 26 May 2026
  • Many billionaires also received inheritances, which are also income-tax free on the assumption that they will be covered under the estate tax system.
    Nathaniel Meyersohn, CNN Money, 15 May 2026
Noun
  • The big revenue generators — like eliminating the death tax and selling federal land — have hung around town for a while.
    Abby McCloskey, Twin Cities, 30 Jan. 2026
  • The loss limit for pass-through businesses is also permanent and the death tax exemption ($15 million for individuals and $30 million for married couples) is now permanent, and the pre-2022 limit on interest expense deductions is restored.
    Rhett Buttle, Forbes.com, 20 Aug. 2025
Noun
  • Actually, those Americans in the top 1% of income actually pay almost 40% of the entire income tax — more than the bottom 90% combined.
    Stephen Moore, Boston Herald, 29 May 2026
  • The bonds would be repaid with income tax revenue from major league ballplayers and staff.
    Chris Biderman, Sacbee.com, 29 May 2026
Noun
  • The House earlier this year passed a property tax plan that would have explicitly eliminated all property taxes except those on schools, something DeSantis’ plan doesn’t protect.
    Lawrence Mower, Miami Herald, 29 May 2026
  • Check for local property tax breaks and other benefits for seniors.
    Medora Lee, USA Today, 28 May 2026
Noun
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
  • Akbar had already incorporated Hindus into the Mughal military and administrative system and abolished the jizyah (a poll tax historically levied on non-Muslims under Islamic law) as part of a policy of inclusion.
    Encyclopedia Britannica, Encyclopedia Britannica, 9 Apr. 2026
Noun
  • Nearly half the revenue generated comes from eliminating a single tax break: a sales tax exemption for boats sold by licensed dealers to out-of-state residents.
    David Wickert, AJC.com, 5 May 2026
  • To qualify for the Saver’s Match, a single tax filer must earn less than $35,500.
    Daniel de Visé, USA Today, 30 Apr. 2026

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Cite this Entry

“Flat tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/flat%20tax. Accessed 31 May. 2026.

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