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flat tax

Cultural

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

The 13% flat tax was put into effect in an attempt to discourage tax evaders and boost the state’s revenue.

From Seattle Times ● May 28, 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

Illinois currently has a flat tax rate of 4.95 percent.

From Washington Times ● Jun. 23, 2020

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023