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 fact, it wasn’t even introduced as a concept until about 100 years into the country’s history after President Abraham Lincoln signed the very first federal income tax—a 3% flat tax on incomes exceeding $800—to fund the Civil War. Jake Angelo, Fortune, 13 Mar. 2026 Eight states have cut their top marginal tax rate going into this year, while six states since 2021 have enacted a flat tax rate. 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 See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
  • And because inheritance tax can be as high as 40%, that could mean millions of dollars of his overseas assets could be exposed, as estimates put Harry and Meghan’s collective fortune at $60 million.
    Emma Burleigh, Fortune, 21 Aug. 2026
  • And yet, if income tax cuts culminated with Reagan, inheritance tax cuts only began with him.
    Literary Hub, Literary Hub, 14 Aug. 2026
Noun
  • As Sportico detailed in its succession series, families with sports franchises often turn to trust agreements for estate tax purposes and to construct an orderly arrangement for control and succession.
    Michael McCann, Sportico.com, 18 Aug. 2026
  • For some, estate tax may not be an important consideration, and for others, capital gains income is not an issue.
    Patricia Doherty, Travel + Leisure, 16 Aug. 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
  • Eventually other studios start calculating a zero percent state income tax.
    Joseph Kahn, HollywoodReporter, 3 Sep. 2026
  • However, the Illinois Policy Institute counters that a millionaire tax could open the door for higher taxes on thousands of local small businesses by generating an uptick in their marginal state income tax rate.
    Claire Murphy, Chicago Tribune, 31 Aug. 2026
Noun
  • Last year, voters living around Aspen approved sales and property tax increases to specifically fund wildfire reduction.
    Jeff Todd, CBS News, 8 Sep. 2026
  • The property tax burden is one major reason why there are few cranes in the sky in Cook County these days.
    Chicago Tribune, Chicago Tribune, 8 Sep. 2026
Noun
  • Miles called it a modern poll tax, which created a barrier for low-income individuals wanting to cast a ballot up until the 1960s in Texas.
    Rachel Royster, Fort Worth Star-Telegram, 2 Sep. 2026
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 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 9 Sep. 2026.

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