![]() Send us feedback about these examples.In a progressive tax system, the percentage that someone pays in taxes increases as their income increases. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'flat tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. 2022 Legislation has already passed out of the Arizona Senate that would make Arizona a no-income-tax state, phasing out the state’s 2.5% flat tax over time based on revenue triggers. Laura Kiniry, Condé Nast Traveler, 5 Oct. 2023 The Italian island of Sardinia is offering foreign nationals €15,000 to move to one of its municipalities of 3,000 residents and either buy or renovate a home, while Italy’s southern portion is enticing them with a seven-percent flat tax rate incentive. 2022 More:Wisconsin Republicans set to introduce a flat tax for residents, eliminate equipment tax for businesses Where does the deal go next? - Tyler Katzenberger, Journal Sentinel, 9 June 2023 Lawmakers are focusing on lowering property taxes in 2023 after Governor Kim Reynolds signed a law last year to introduce a flat tax of 3.9% and eliminate brackets for higher-income residents. 2023 In special session, Idaho adopted a 5.8 percent flat tax, replacing a four-bracket system. Laura Schulte, Journal Sentinel, 7 Apr. ![]() 2023 The flat tax would be phased in over four years, to be completed in 2026. Recent Examples on the Web Those businesses must assess higher sales tax rates for purchases at their stores than the 8% flat tax that is assessed for online sales made within Alabama.
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