flat tax

Cultural  

1. A single tax rate that applies to everyone obligated to pay the tax. Sales taxes are flat taxes. There have been proposals to substitute a flat tax on income for the current graduated tax, which taxes higher incomes at a higher rate. Proponents argue that the flat tax is fair and simple. Opponents view it as a bonanza for the wealthy.

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flat tax

Between 2021 and 2025, eight states switched to a flat tax, including Arizona, Iowa, Mississippi, Georgia and Louisiana.

From The Wall Street Journal ● Dec. 31, 2025

In 2022, Iowa moved to a flat tax, initially set at 4.4% but scheduled to drop eventually to 3.9%.

From Seattle Times ● Jan. 17, 2024

As the state's fiscal problems grew in the following decades, governors and legislators repeatedly raised the flat tax rate until it was up to 5% on individuals.

From Salon ● Jul. 7, 2022

California Assemblymember Eduardo Garcia, whose district includes the Salton Sea region, said a flat tax would be more appropriate.

From Reuters ● Jun. 29, 2022

Do lawmakers want to charge a flat tax on individuals’ and businesses’ income, or do they want to charge different rates that gradually increase as people and companies earn more?

From Washington Times ● Apr. 25, 2021