proportional tax

Definition of proportional taxnext

Example Sentences

Recent Examples of Synonyms for proportional tax
Noun
  • 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
  • And those who relocate to Greece can take advantage of a 7 percent flat tax rate for up to 15 years.
    Lydia Mansel, Travel + Leisure, 7 Mar. 2026
Noun
  • The register of wills collects and manages inheritance tax — a tax paid by heirs who receive money, property or other assets from the estate of a deceased person.
    Lily Carey, Baltimore Sun, 16 Mar. 2026
  • Florida is a perennial favorite among retirees, thanks to its sunny climate and tax advantages (no state income tax, inheritance tax, or estate tax).
    Lydia Mansel, Travel + Leisure, 15 Mar. 2026
Noun
  • Tax benefits are limited Because the lifetime gift/estate tax exclusion amount is currently so high, avoiding estate tax shouldn’t be a major motivation for most people to gift assets to individuals during their lifetimes—at least for now.
    Christine Benz, Los Angeles Times, 3 Feb. 2026
  • The president has passed several laws and provisions to benefit the super wealthy since taking office, including an act to increase the estate tax exemption and cutting international business taxes.
    Mary Whitfill Roeloffs, Forbes.com, 21 Jan. 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
  • While residents keep every dollar of their paycheck free from state income tax, the state makes up the revenue in other ways.
    System Process, Fort Worth Star-Telegram, 27 Mar. 2026
  • Candelora cautioned that the state’s large budget surpluses of the past seven years may be coming to an end due to economic volatility as thousands of residents are preparing their annual April 15 income tax returns.
    Christopher Keating, Hartford Courant, 26 Mar. 2026
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“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 29 Mar. 2026.

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