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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 Illinois has a flat tax of 4.95%, which applies to all filers, Politifact Wisconsin previously reported.—Bridget Fogarty, jsonline.com, 19 Sep. 2025 Colorado is one of 15 states with a flat tax, while 27 others plus the District of Columbia tax higher-income residents at a higher rate than lower-income residents pay.—Nick Coltrain, Denver Post, 3 Sep. 2025 See All Example Sentences for flat tax