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flat-rate tax

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flat-rate tax

A tax calculated as a certain percentage of income, with all persons paying the same percentage.
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With any flat-rate tax, absolutely inevitably it hits the poorest pockets hardest," he said.
Lib Dems back road-pricing despite fears of 'poll tax on wheels' ... by guardian.co.uk / guardian.co.uk
If bookmakers paid less levy at the margin, in percentage terms, for every pound they receive in bets over a given threshold, it just might remove the existing impediment to growth created by what is, in effect, a flat-rate tax.
Tiered levy rate proposed to persuade layers to push racing by The Racing Post (London, England)
Proposals for a flat-rate tax to replace income tax were given short shrift at the first consultative session of the party's Tax Commission, set up to review all aspects of Lib Dem tax policy.
Lib Dems in tax credit challenge by Daily Post (Liverpool, England)
 
 
 
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