proportional tax

noun

Definition of proportional taxnext
as in flat tax

Synonyms & Similar Words

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Examples Sentences

Recent Examples of Synonyms for proportional tax
  1. flat tax
  2. inheritance tax
  3. estate tax
  4. death tax
  5. income tax
Noun
  • Those fees included a 2.5% flat tax for Muslim charity, as well as a road tax and various income taxes on individuals and small businesses, Zelin says.
    Lauren Frayer, NPR, 20 Dec. 2024
  • Two states, Iowa and Louisiana, are moving to a flat tax.
    Kelly Phillips Erb, Forbes, 24 Dec. 2024
Definition of flat tax
Noun
  • Lawyers whose field of specialty is inheritance tax.
    Han Ong, The New Yorker, 12 Jan. 2025
  • Finally, there is state inheritance tax, which is the responsibility of the person receiving property from an estate.
    Robert Cole, Forbes, 9 Jan. 2025
Definition of inheritance tax
Noun
  • Individuals can use 529 plans to reduce estate tax liability, maximize contributions through superfunding and provide allowances through rollovers to Roth IRAs, all leading to significant tax savings.
    Robert Cole, Forbes, 9 Jan. 2025
  • Retirees also don't pay an inheritance tax or an estate tax, and most groceries and all prescription and nonprescription drugs are tax-free.
    Dobrina Zhekova, Travel + Leisure, 20 Nov. 2024
Definition of estate tax
Noun
  • 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
  • For those with taxable annual incomes above $1.0 million a year, a Harris-Walz administration would at death tax unrealized capital gains at 28% (lower than the Biden proposal of 39.6%) for amounts above $5.0 million maximum, $10.0 million for joint filers.
    Milton Ezrati, Forbes, 9 Oct. 2024
Definition of death tax
Noun
  • An accompanying state constitutional amendment would set spending growth limits on the General Assembly and direct future revenue growth toward eliminating the personal income tax and corporate income tax.
    Jonathan Shorman and, Kansas City Star, 8 Jan. 2025
  • South Carolina lawmakers have racked up a number of conservative policy victories in recent years (such as the enactment of income tax relief, school choice, and Certificate of Need repeal).
    Patrick Gleason, Forbes, 7 Jan. 2025
Definition of income tax
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Thesaurus Entries Near proportional tax

proportional

proportional tax

proportional taxes

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“Proportional tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/proportional%20tax. Accessed 22 Jan. 2025.

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