graduated flat tax

Definition

The proposed compromise between a flat tax and a progressive tax. A graduated flat tax is characterized by having minimal tax brackets and low tax rates. An example of a graduated flat tax was the modified flat tax system that was part of the Tax Reform Act of 1986.

Use graduated flat tax in a sentence

The graduated flat tax was a proposed compromise for us and I thought that was a really good and innovative idea.

​ Was this Helpful? YES  NO 5 people found this helpful.

The graduated flat tax that the newly elected Senator from Texas advocated for would have minimal tax brackets and low tax rates.

​ Was this Helpful? YES  NO 6 people found this helpful.

A graduated flat tax looks good on paper, but it's a cruddy compromise: we should go for a full out flat tax, without any brackets at all.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
graduated call writing graduated income tax