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
  • 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
  • The nonpartisan Legislative Analyst's Office estimates that the proposal would generate tens of billions of dollars in the first few years, but that income tax revenues would subsequently decline by hundreds of millions of dollars annually.
    CBS News, CBS News, 26 June 2026
  • During those years, the Murrins used Duane Howell to prepare their joint federal income tax returns and returns for two partnerships in which Murrin was a general partner.
    Kelly Phillips Erb, Forbes.com, 26 June 2026
Noun
  • The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
    Jeff Capellini, CBS News, 30 June 2026
  • DeSantis’ property tax plan would have raised the homestead exemption to $250,000 from the current $50,000 cap.
    Lawrence Mower, Miami Herald, 29 June 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
  • But that levy generates more than any other single tax at either level of government.
    Keith M. Phaneuf, Hartford Courant, 19 June 2026
  • Owens claimed the proposal illegally bundles unrelated subjects and could alter multiple constitutional articles under the guise of a single tax-reform measure.
    Jack Harvel June 2, Kansas City Star, 2 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 2 Jul. 2026.

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