personal tax

noun

Definition of personal tax

Examples of personal tax in a Sentence

Recent Examples on the Web

The pass-through entity tax is paid at the business level rather than as a personal tax and is deductible from federal income taxes as a business expense. Stephen Singer, courant.com, "Small businesses cry foul over newest tax law change," 4 June 2019 The Grand Rapids bid included public incentives of up to about $2 billion over 30 years, mostly in the form of property and personal tax abatement. John Gallagher, Detroit Free Press, "Detroit still won't reveal public subsidies offered in Amazon bid," 24 Apr. 2018 In reality, Avenatti had not submitted a personal tax return with the Internal Revenue Service in any of those years, according to the filing. James Queally, The Seattle Times, "Lawyer Michael Avenatti, accused of fraud and attempts to extort Nike, is arrested," 25 Mar. 2019 But what the Times does not have is what the American people have become accustomed to getting from their presidents — recent personal tax information in the form of returns. Matthew Yglesias, Vox, "Seriously, we need to see Donald Trump’s tax returns," 3 Oct. 2018 Weisselberg reportedly also did Trump’s personal tax returns for at least some years. Jen Kirby, Vox, "Allen Weisselberg, the Trump Organization’s chief financial officer, gets immunity deal," 24 Aug. 2018 Texas has a winning formula: no corporate or personal tax, smart spending, rising gas prices and an almost unbelievable rate of job growth. Francisca Ortega, Houston Chronicle, "CNBC ranks Texas No. 1 for business, but offers residents a few warnings," 11 July 2018 Leonard's officials said the plan, to be taken up by a House committee on Wednesday, would cut personal taxes by $245 million in 2018, $356 million in 2019, and $371 million in 2020. Paul Egan, Detroit Free Press, "Michigan Republicans call for deeper state tax cuts in response to Trump plan," 16 Jan. 2018 For a single-income Polish family on an average wage with two children, the average net personal tax rate is minus 4.8%, compared with an OECD average of 14%. The Economist, "Subsidising babies has bolstered Poland’s ruling party—so far," 10 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'personal tax.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of personal tax

circa 1935, in the meaning defined above

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Last Updated

13 Jun 2019

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The first known use of personal tax was circa 1935

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