as in flat tax
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Example Sentences
Recent Examples of Synonyms for proportional tax
Noun
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Iowa flat tax heralded as a model Wednesday, Iowa joins states that charge a flat individual income tax.—
Acacia Squires,
NPR,
31 Dec. 2024 -
The flat tax went from being a crazy Steve Forbes idea to being the law of the land in 14 states, and eight have no income taxes at all, with two more in the process of phasing them out as the tax cut revolution continues.—
Dominic Pino,
National Review,
31 Dec. 2024
Noun
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While the inheritance tax will be eliminated, the budget lowers the estate tax exemption threshold from $5 million to $2 million.—
J.B. Jennings,
Baltimore Sun,
11 Feb. 2025
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According to Oxfam’s analysis, half of the world’s billionaires live in countries with no inheritance tax for direct descendants.—
Jessica Dickler,
CNBC,
22 Jan. 2025
Noun
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This means that an individual can pay an unlimited amount for someone’s qualified tuition expenses without reducing their $19,000 per recipient annual exclusion or triggering any gift tax (or use of gift/estate tax exemption).—
Darren T. Case,
Forbes,
25 Feb. 2025
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While the inheritance tax will be eliminated, the budget lowers the estate tax exemption threshold from $5 million to $2 million.—
J.B. Jennings,
Baltimore Sun,
11 Feb. 2025
Noun
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The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms.—
Martin Shenkman,
Forbes,
20 Feb. 2025
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Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.—
Matthew F. Erskine,
Forbes,
2 Jan. 2025
Noun
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Some taxpayers, the IRS said, may receive their income tax refunds a few days earlier.—
Susan Tompor,
USA TODAY,
25 Feb. 2025
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The new tax benefit for mothers of two or three (mothers of four are already exempt from income tax) will be phased in gradually from January.—
Mark Joseph,
Newsweek,
24 Feb. 2025
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Cite this Entry
“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 3 Mar. 2025.
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