What is another word for flat tax?

Pronunciation: [flˈat tˈaks] (IPA)

A flat tax is a tax system where the same tax rate is applied to every taxpayer without any deduction or exemption. While it has its advantages, there are also other synonyms for this term, such as proportional tax, single rate tax, or uniform tax. Proportional tax refers to a tax system where the tax rate remains constant, regardless of income level. Single rate tax is a system where there is only one rate for all the taxpayers. While uniform tax refers to a tax system where the same tax rate is applied to all taxpayers, irrespective of their income level, but with certain exemptions and deductions. These synonyms help to illuminate and clarify different aspects of the flat tax concept.

What are the hypernyms for Flat tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Flat tax

  • In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
    Eric Cantor
  • Did you know that they introduced the 15 percent flat tax on individual and corporate income in Iraq? Something that some politicians very much wanted to push in the United States without success but in Iraq they do it.
    Juan Cole
  • Who's on the case when it comes to the flat tax?
    Joshua Micah Marshall
  • I support transitioning from the progressive tax to a flat tax system - both individual and corporate/business.
    Allen West

Related words: flat tax rates, flat tax pros and cons, is a flat tax good, flat tax consequences, can a flat tax work, what is a flat tax, what are the benefits of a flat tax

Related questions:

  • What is a flat tax?
  • Can a flat tax work?
  • What are the benefits of a flat tax?
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