flat tax
Word Rarity
Uncommon
Frequency: Zipf frequency 4.58 in modern English
17
Scrabble Score
7
Letters
2
Syllables
5
Unique Chars
Meaning
noun
A tax, usually income tax, whose percentage rate or currency value remains constant, regardless of the amount to which the tax is applied.
Example Sentences
- "Several candidates for the 1996 Republican Presidential nomination and some of the top Republican leaders in Congress are advocating replacing the graduated income tax with a flat tax."
- "Eyman's measure also would repeal the state tax on boats, 1 percent of the vessel's value, and replace it with a flat tax of $10.50 a year."
- "A flat tax means scrapping all income tax bands and the various exemptions and loopholes and replacing them with a single low rate."