flat tax

noun

Examples of flat tax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Italy doubled its flat tax on wealthy foreigners to 200,000 euros ($217,000), responding to concerns about market disruption in luxury real estate hubs like Milan. David Faris, Newsweek, 2 Nov. 2024 In 2020, a constitutional amendment to change the flat tax to one with higher rates on higher earners was rejected by voters. Greg Bishop | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 2 Nov. 2024 Italy this summer doubled its flat tax on the overseas incomes of wealthy foreigners who transfer their tax residency to Italy, to 200,000 euros ($217,000). Robert Frank, CNBC, 1 Nov. 2024 In the summer, Italy doubled the flat tax paid by wealthy individuals on their income earned overseas. Byprarthana Prakash, Fortune Europe, 30 Oct. 2024 See all Example Sentences for flat tax 

Word History

First Known Use

1952, in the meaning defined above

Time Traveler
The first known use of flat tax was in 1952

Dictionary Entries Near flat tax

Cite this Entry

“Flat tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/flat%20tax. Accessed 22 Nov. 2024.

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