flat tax

Definition of flat taxnext

Example Sentences

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Recent Examples of flat tax 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 Despite the flat tax amount doubling in 2024, the tax incentive continues to allure wealthy investors. Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 31 Aug. 2025 To pay for the spending, Pritzker pushed for billions of dollars in new taxes, including changing the state’s flat tax to a multirate tax. Taylor Millard, The Washington Examiner, 22 Aug. 2025 See All Example Sentences for flat tax
Recent Examples of Synonyms for flat tax
Noun
  • Older people are becoming increasingly vulnerable to scams, and the latest target appears to be inheritance tax.
    Marc Shoffman, TheWeek, 13 May 2026
  • While Texas has no state income tax, North Carolina just lowered its own income tax rate to a flat 3.99%, with a complete exemption for Social Security, and no state estate or inheritance tax.
    William P. Barrett, Forbes.com, 8 May 2026
Noun
  • Before the passage of the One Big Beautiful Bill Act last summer, the estate tax exemption was set to be cut in half to about $7 million a person at the end of 2025.
    Hayley Cuccinello, CNBC, 2 Apr. 2026
  • Blakeman slammed Mamdani for his proposal to lower the state’s estate tax exemption threshold of more than $7 million to $750,000, as well as his threat to raise property taxes if Hochul didn’t pitch the city more money in the state budget.
    Josephine Stratman, New York Daily News, 30 Mar. 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
  • Gregg Hull, a former three-term mayor of Rio Rancho on the outskirts of Albuquerque, wants New Mexico to join the ranks of states with no personal income tax like Texas and Wyoming.
    Morgan Lee, Fortune, 15 May 2026
  • The felony charges of wire fraud, income tax fraud, loan fraud and theft of between $500 and $10,000 were brought less than a month before an April 2025 village election in which Doneshia Codjoe challenged Monee’s incumbent mayor, Therese Bogs.
    Olivia Stevens, Chicago Tribune, 14 May 2026
Noun
  • Tolls on federal roads might pay for it Zohran Mamdani's pied-à-terre property tax is moving ahead.
    Alex Harring, CNBC, 15 May 2026
  • Curt Peterson, an attorney representing the developer, told council members O’Reilly was seeking a sales tax exemption on construction materials and a 50% property tax abatement for 10 years.
    Nathan Pilling, Kansas City Star, 15 May 2026
Noun
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
  • Akbar had already incorporated Hindus into the Mughal military and administrative system and abolished the jizyah (a poll tax historically levied on non-Muslims under Islamic law) as part of a policy of inclusion.
    Encyclopedia Britannica, Encyclopedia Britannica, 9 Apr. 2026
Noun
  • Nearly half the revenue generated comes from eliminating a single tax break: a sales tax exemption for boats sold by licensed dealers to out-of-state residents.
    David Wickert, AJC.com, 5 May 2026
  • To qualify for the Saver’s Match, a single tax filer must earn less than $35,500.
    Daniel de Visé, USA Today, 30 Apr. 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 21 May. 2026.

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