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The South Carolina House approved tax reform legislation this spring that will move the state to a 1.99% flat tax in the next five years and then fully phase out the income tax in subsequent years depending on revenue triggers being met.—Patrick Gleason, Forbes.com, 11 July 2025 While Illinois is the outlier flat tax state among the top five population losers last year, South Carolina is the lone state with a progressive income tax among the five states that gained the most population through interstate migration in 2024.—Patrick Gleason, Forbes, 1 Mar. 2025 Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense.—Steve Forbes, Forbes.com, 19 June 2025 Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense.—Steve Forbes, Forbes.com, 29 May 2025 See All Example Sentences for flat tax
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