flat tax (Meaning)
flat tax
proportional tax
Synonyms & Antonyms of flat tax
Synonyms:
flat tax Sentence Examples
- The government implemented a flat tax system, eliminating progressive income tax brackets.
- The flat tax rate of 25% applies to all taxpayers, regardless of their income level.
- Proponents of a flat tax argue that it simplifies the tax code and promotes fairness.
- Critics of a flat tax contend that it disproportionately burdens lower-income taxpayers.
- The flat tax may have significant economic implications, such as reduced tax revenue and changes in investment patterns.
- Some countries have adopted a flat tax system, while others have rejected the idea.
- The debate over a flat tax often centers around its potential distributional effects.
- The flat tax would eliminate the need for complex deductions and loopholes in the tax code.
- A flat tax could potentially make tax compliance easier for both individuals and businesses.
- The implementation of a flat tax system requires careful consideration of its potential economic and social consequences.
FAQs About the word flat tax
proportional tax
death tax, property tax, inheritance tax,proportional tax, estate tax, single tax, income tax, poll tax, sales tax, tariff
No antonyms found.
The government implemented a flat tax system, eliminating progressive income tax brackets.
The flat tax rate of 25% applies to all taxpayers, regardless of their income level.
Proponents of a flat tax argue that it simplifies the tax code and promotes fairness.
Critics of a flat tax contend that it disproportionately burdens lower-income taxpayers.
