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
  • The arrangement would appeal to older generations with large savings in particular, especially after the Labour government imposed inheritance tax on pension assets and applied a surcharge to high value homes.
    Philip Aldrick, Fortune, 28 June 2026
  • Charles reveals tax bill By law, the British king is not obliged to pay income, capital gains or inheritance tax, but Charles, like his mother did after 1993, has voluntarily done so without disclosing the amounts.
    CNN Money, CNN Money, 26 June 2026
Noun
  • The Sunshine State is a perennial favorite among retirees, thanks to its warmer climate and tax advantages (there is no state income tax, inheritance tax, or estate tax).
    Lydia Mansel, Travel + Leisure, 16 July 2026
  • Most taxpayers never owe federal gift tax because of the $15 million lifetime gift and estate tax exemption.
    Kelly Phillips Erb, Forbes.com, 11 July 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
  • So, over a third of Americans’ individual income tax dollars were siphoned away and not used for the provision of government goods, services, and transfer payments.
    Steve H. Hanke, Fortune, 15 July 2026
  • While the cost of living in Southgate is about five percent higher than the national average, Florida residents have no income tax, a significant saving for many, with no levy on Social Security, income, or withdrawals from pre-tax accounts.
    Patricia Doherty, Travel + Leisure, 13 July 2026
Noun
  • So, when Thursday’s term sheet was sent to the Blazers, the team was put off by asks from the city, particularly the $3 million annual fee for a property tax offset and a requirement that the team hires union workers.
    Jason Quick, New York Times, 21 July 2026
  • Sarnecki, who has regularly lambasted his fellow candidates as career politicians, has criticized Masterson for failing to provide property tax breaks for homeowners while approving tax breaks for businesses.
    Cuyler Dunn, Kansas City Star, 21 July 2026
Noun
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 2026
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
Noun
  • The participant must also take a lump-sum distribution of the entire retirement plan balance within a single tax year.
    David Kudla, Forbes.com, 30 June 2026
  • But that levy generates more than any other single tax at either level of government.
    Keith M. Phaneuf, Hartford Courant, 19 June 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 23 Jul. 2026.

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