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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.


Example Sentences

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Their next target is Colorado, where they submitted signatures on Monday for a ballot initiative in November that would replace the state’s flat tax with a steeply progressive income tax.

From The Wall Street Journal Aug. 5, 2026

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

Instead of a flat tax cut, Coltura advocates for incentive amounts to be calculated individually based on the driver’s current pattern of gas consumption.

From Seattle Times Mar. 16, 2022

The state’s flat tax is currently 4.95% for individual payers.

From Washington Times Nov. 2, 2020

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