flat tax

Example Sentences

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Recent Examples of flat tax The fine print: Other states besides Massachusetts with a flat tax include Arizona, Idaho and Illinois. Alex Fitzpatrick, Axios, 28 Mar. 2025 Related Stories On May 2, Trump collapsed the de minimis provision on packages shipped into the U.S. from Hong Kong and China, subjecting the low-value parcels to import duties or a flat tax, depending on whether the parcels were shipped privately or via international post. Meghan Hall, Sourcing Journal, 5 May 2025 Now, those ordering small packages from China will be charged either a flat tax per item in the package, or duties of 120-145%, depending on how the package is shipped. Emily Feng, NPR, 2 May 2025 In fact, if H. 4216 is enacted and revenue triggers are met, South Carolina would go from having the highest income tax rate in the Southeast, to the lowest rate in the nation, besting Arizona’s 2.5% flat tax. Patrick Gleason, Forbes, 25 Mar. 2025 See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
  • The most effective thing to do would be to restore the exemption from inheritance tax granted to offshore trusts.
    Ian King, CNBC, 2 July 2025
  • But there is no state income tax on Social Security benefits and no state estate or inheritance tax.
    William P. Barrett, Forbes, 14 Sep. 2024
Noun
  • The legislation would increase the child tax credit, create investment accounts for kids, increase the estate tax exemption, boost border security and allow residents of high-tax states to write off more of their income.
    Francesca Chambers, USA Today, 27 June 2025
  • Foreign investors with assets in the United States often encounter complex estate tax rules that can significantly impact taxation of their U.S. assets at death.
    Kelly Phillips Erb, Forbes.com, 7 June 2025
Noun
  • Presumably calling the estate tax a death tax enhances the negative connotations of the tax.
    Martin Shenkman, Forbes, 20 Feb. 2025
  • The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms.
    Martin Shenkman, Forbes, 20 Feb. 2025
Noun
  • The state has about a $4.6 billion budget, enough to hand out $1.3 billion in income tax cuts this year for middle-class residents and getting rid of the state’s tax on electricity usage.
    Charles Selle, Chicago Tribune, 7 July 2025
  • The income tax resulting from the sale of farmland to a qualified farmer can be deferred and paid in four annual installments.
    Martin Shenkman, Forbes.com, 6 July 2025
Noun
  • Further proof was last month’s city property tax lien sale.
    Alva Badillo, New York Daily News, 29 June 2025
  • Steele is one of three commissioners on the county’s Board of Review, which hears property tax appeals.
    A.D. Quig, Chicago Tribune, 27 June 2025
Noun
  • Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.
    David Faris, MSNBC Newsweek, 11 Apr. 2025
  • However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.
    William Lambers, Newsweek, 7 Mar. 2025
Noun
  • In 2025, the standard premium is $185 a month for joint tax filers earning $212,000 a year or less ($106,000 or less for single tax filers).
    Steve Hruby, The Enquirer, 2 July 2025
  • Installment sale tax treatment allows sellers to recognize capital gains incrementally over time rather than in a single tax year.
    Shane Styne, Forbes.com, 16 Apr. 2025

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Cite this Entry

“Flat tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/flat%20tax. Accessed 12 Jul. 2025.

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