flat tax

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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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THINGAMABOB OR THINGUMMY: CAN YOU DISTINGUISH BETWEEN THE US AND UK TERMS IN THIS QUIZ?

Do you know the difference between everyday US and UK terminology? Test yourself with this quiz on words that differ across the Atlantic.

Question 1 of 7

In the UK, COTTON CANDY is more commonly known as…

candystring

candyfloss

candypuff

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Words nearby flat tax

flat silver, flat sour, flat spin, flat spot, flatstick, flat tax, flatten, flatten the curve, flatter, flattered, flattering

How to use flat tax in a sentence

There is also his fiscal policy of a flat tax, which will never be received well by the overall population.
Is Dr. Ben Carson the Real Deal?|Ilana Glazer|April 5, 2013|DAILY BEAST
The Romney is singled out as one of the only candidates without a flat tax proposal.
GOP Debate Live Updates||November 9, 2011|DAILY BEAST
Roemer says he released his flat-tax proposal three months ago.
The Two GOP Candidates Being Shut Out|Jill Lawrence|October 29, 2011|DAILY BEAST
Rick Perry says his new flat-tax plan can put America back to work and balance the federal budget by 2020.
What's in Perry's Tax Plan?|The Daily Beast|October 25, 2011|DAILY BEAST

The flat-tax option would allow Americans to “file their taxes on a postcard,” according to the Perry plan.
What's in Perry's Tax Plan?|The Daily Beast|October 25, 2011|DAILY BEAST