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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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.
The flat-tax option would allow Americans to “file their taxes on a postcard,” according to the Perry plan.