proportional tax

Definition of proportional taxnext

Example Sentences

Recent Examples of Synonyms for proportional tax
Noun
  • In general, personal income tax is rather low, around 15 percent flat tax rate.
    Tax Notes Staff, Forbes.com, 21 July 2026
  • After those 11 years, a flat tax rate is applied to certain foreign income.
    Lydia Mansel, Travel + Leisure, 15 June 2026
Noun
  • Five states charge an inheritance tax, which is what heirs would pay.
    Medora Lee, USA Today, 6 Sep. 2026
  • 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
Noun
  • Preserving the family farm has been a pretext for passing ever larger exemptions to the estate tax, to the point that a married couple can now pass on $30 million to heirs tax-free.
    Eric Zwick, The Atlantic, 14 Sep. 2026
  • That means a $4,000,001 estate in Illinois yields a state estate tax bill of more than $220,000, compared with $0 in federal tax because the $15 million threshold isn't hit.
    Medora Lee, USA Today, 6 Sep. 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
  • In 2020, Diana Parks and her then 15-year-old daughter Ania moved into low-income tax credit housing at Apex Meridian West.
    Olivia Young, CBS News, 17 Sep. 2026
  • In July, China imposed a 20% income tax on assets moved into offshore trusts since 2023, closing a longstanding loophole used by wealthy families for asset protection and succession planning.
    Anniek Bao, CNBC, 15 Sep. 2026
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“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 21 Sep. 2026.

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