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2. Flat tax - Wikipedia

   en.wikipedia.org/wiki/Flat_tax

   A flat tax (short for flat-rate tax) ... For example, let the flat rate be 20%, and let the deductions be $20,000 per adult and $7,000 per dependent. Under such a ...

3. State Income Tax Rates for 2024-2025 - AOL

   www.aol.com/state-income-tax-rates-2023...

   Here are the states that impose a flat tax rate on their citizens: Arizona: 2.5%. Colorado: 4.4%. Georgia: 5.39%. Idaho: 5.695%. ... For example, if you live in California but earn $10,000 in ...

4. Tax Brackets vs. Flat Tax Structure: Pros and Cons - AOL

   www.aol.com/finance/tax-brackets-vs-flat-tax...

   For example, under a 24% flat tax system, all Americans will pay 24% on all of their income, no matter how much or how little they earn. ... Under a flat tax system, taxpayers owe the same rate ...

5. Which States Have a Flat Income Tax? - AOL

   www.aol.com/states-flat-income-tax-151926641.html

   For example, say your state has a flat tax rate of 15%. A taxpayer earning $30,000 would pay 15% of their income in taxes ($4,500), while a taxpayer earning $300,000 would also pay 15% of their ...

6. List of taxes - Wikipedia

   en.wikipedia.org/wiki/List_of_taxes

   Flat tax, an income tax where everyone pays the same tax rate. Gift tax, a tax on gifts given (generally paid by the person making the gift, not by the recipient). Gross receipts tax, a tax on revenues received by a corporation, even if they don't profit. Hall–Rabushka flat tax, a flat tax on income that excludes investments.

7. Tax rate - Wikipedia

   en.wikipedia.org/wiki/Tax_rate

   A flat tax rate is used because of its simplicity, transparency, neutrality, and stability. Flat tax rates are quite transparent because it makes it easier for taxpayer to estimate their tax liability and for policymakers to estimate how changes would impact tax revenue. [5] One simplified example is a flat tax rate in Colorado.

8. Here’s the Income Tax in Every State - AOL

   www.aol.com/income-tax-every-state-130111174.html

   Arizona. Flat Income Tax Rate: 2.5% Standard Deduction (Single): $14,600 Standard Deduction (Couple): $29,200 Personal Exemption (Single): NA Personal Exemption (Couple): NA Personal Exemption ...

9. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   These taxes are in addition to federal income tax and are deductible for federal tax purposes. State and local income tax rates vary from zero to 16% of taxable income. [63] Some state and local income tax rates are flat (single rate), and some are graduated. State and local definitions of what income is taxable vary highly.