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
  • Internationally, several Eastern European countries adopted flat tax systems in the late 1990s.
    Janae Bowens, Baltimore Sun, 26 Nov. 2024
  • 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
Definition of flat tax
Noun
  • Similar to estate tax in the U.S., inheritance tax in the U.K. is charged at 40% on the property, possessions and money of someone who has died, above a threshold of 325,000 pounds, or around $410,000.
    Hannah Peart, NBC News, 30 Nov. 2024
  • 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 inheritance tax
Noun
  • Awareness of these potential obstacles is crucial for effective estate tax planning.
    Christine Fletcher, Forbes, 3 Dec. 2024
  • Both plans would repeal the estate tax, the alternative minimum tax, and the tax on investment income imposed by Obamacare.
    Alex Raskolnikov, Foreign Affairs, 24 May 2017
Definition of estate tax
Noun
  • 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
  • So get rid of the death tax for everybody.
    Alamin Yohannes, EW.com, 31 Mar. 2023
Definition of death tax
Noun
  • In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.
    Robert W. Wood, Forbes, 5 Dec. 2024
  • Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.
    Kim Bojórquez, Axios, 5 Dec. 2024
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 Dec. 2024.

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