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flat tax
(redirected from Flat income tax)

    Also found in: Financial, Wikipedia 0.01 sec.
flat tax
n.
An income tax having a single rate for all taxpayers regardless of income level and type.
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The fact that the refunds are tilted toward those at the top of the economic pyramid suggests that despite its relatively flat income tax system, Oregon collects most of its taxes from people in the higher income brackets.
Santa in Salem by The Register-Guard (Eugene, OR)
Few PSC Advantages There are few advantages in using a C corporation for a PSC because of the required calendar year and the 35% flat income tax (Sec.
Advantages of a C corporation by Starkman, Jay / The Tax Adviser
Brown poured his heart into the New York campaign, tossing copies of the federal tax code into trash cans at rallies (a 13 percent flat income tax was his pet issue in ’92) and bashing Bill and Hillary at every stop.
Moonbeam Is Back! by Steve Kornacki / The New York Observer
 
 
 
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