income tax

Example Sentences

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Recent Examples of income tax Even when backing out a $774 million income tax benefit that boosted per share earnings by 28 cents, JPMorgan topped estimates for the quarter. Hugh Son, CNBC, 15 July 2025 Most older Americans either already pay no federal income tax or make too much to qualify for the new breaks, according to Howard Gleckman, senior fellow at the nonpartisan Tax Policy Center. David Lightman updated July 14, Sacbee.com, 14 July 2025 In 2004, New Jersey raised its top income tax rate on high earners by 2.6 percentage points. Daniel De Visé, USA Today, 14 July 2025 Trump’s bill also reduces the federal income tax that a variety of employees pay on tips and overtime wages. Frederick Melo, Twin Cities, 9 July 2025 See All Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
  • Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.
    David Faris, MSNBC Newsweek, 11 Apr. 2025
  • However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.
    William Lambers, Newsweek, 7 Mar. 2025
Noun
  • The anticipated property tax revenue is about $600,000 annually, once the development is complete, said Village Administrator Steve Kreklow.
    Cathy Kozlowicz, jsonline.com, 23 July 2025
  • Under the higher rate, the owner of a home with a taxable value of $300,000 would see a $144 property tax jump.
    Martin E. Comas, The Orlando Sentinel, 22 July 2025
Noun
  • In this example, $15,000 of MAGI exceeds the $75,000 threshold for a single tax filer.
    Susan Tompor, Freep.com, 14 July 2025
  • In 2025, the standard premium is $185 a month for joint tax filers earning $212,000 a year or less ($106,000 or less for single tax filers).
    Steve Hruby, The Enquirer, 2 July 2025
Noun
  • Lansing stalls on funding Under the bills the Michigan House has passed, its public safety trust fund would dedicate $115 million in state sales tax revenue annually that police departments could use to recruit new officers or buy equipment.
    Andrea May Sahouri, Freep.com, 25 July 2025
  • The state currently has an exemption from November through April; however, the state's 5% sales tax rate applies for the remainder of the year.
    Jessie Opoien, jsonline.com, 22 July 2025
Noun
  • But her defiance drew a warning from Idaho Attorney General Raúl Labrador of potential consequences if legislators update the law to include penalties such as the state withholding tax money.
    Idaho Statesman, Idaho Statesman, 6 July 2025
  • Once in default, the full remaining balance becomes immediately due, and the government can take action to recover the debt, such as garnishing wages or withholding tax refunds.
    Marley Malenfant, Austin American Statesman, 22 Apr. 2025
Noun
  • Lord De La Warr paid $179,255 for it (including buyer’s premium and value-added tax) after it was originally estimated to go for between $54,000 and $81,000 by Summers Place Auctions.
    Téa Kvetenadze, Forbes, 7 Oct. 2021
  • The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks.
    Mimansa Verma, Quartz, 10 Nov. 2022
Noun
  • The bill slashes funding for programs like Medicaid, places the burden of food stamp funding on individual states and provides significant tax cuts to the highest earners.
    Arlyssa D. Becenti, AZCentral.com, 23 July 2025
  • Employees benefit directly from the company’s success – which helps retain and recruit talented employees – and employer contributions may also provide tax deductions.
    Mary Josephs, Forbes.com, 23 July 2025
Noun
  • Those drops, while beneficial for the population, aren’t great for sin tax revenues that depend on those behaviors.
    Kelly Phillips Erb, Forbes.com, 12 July 2025
  • The teams' leases stipulate the public is responsible for repair costs, but the lone funding source — the county sin tax on cigarettes and alcohol — is no longer sufficient to cover their demands.
    Sam Allard, Axios, 5 Dec. 2024

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Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 30 Jul. 2025.

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