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
  • New Hampshire does not tax income or capital gains, and there’s no estate tax, inheritance tax, or state sales tax, a major benefit for retirees.
    Patricia Doherty, Travel + Leisure, 2 Aug. 2026
  • 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
Noun
  • In the last year and a half, the White House has moved to boost domestic production of certain pesticides, and reduced regulations to expand access to crop insurance, in addition to raising the estate tax exemption.
    Justin Papp, CNBC, 30 July 2026
  • Plus, the One Big Beautiful Bill Act, signed in July 2025, made the estate tax exemption permanent at $15 million per person.
    Sydney Lake, Fortune, 30 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
  • Seemingly more significantly, Missourians voted on amendments that would have limited the initiative petition process and eliminated the state’s income tax — both of which were soundly rejected.
    Sophie Lindberg, Kansas City Star, 6 Aug. 2026
  • Players on teams in states with no income tax, like Florida or Texas, enjoy a considerable advantage, while those in high-tax states such as California or New York face substantial liabilities.
    Nathan Goldman, Forbes.com, 6 Aug. 2026
Noun
  • The city has so far been unable to commit to the second half of an advance pension payment because of property tax delays from Cook County.
    Alice Yin, Chicago Tribune, 4 Aug. 2026
  • Public safety groups are warning voters about the property tax cut amendment that will appear on ballots this November.
    Ana Goñi-Lessan, Miami Herald, 4 Aug. 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 7 Aug. 2026.

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