income tax

Definition of income taxnext

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of income tax Factoring in the penalty and 30% for income tax, a $10,000 withdrawal quickly becomes $6,000. Brian Sloan,dan Avery, CNBC, 12 Mar. 2026 Missouri House Republicans said eliminating the income tax would lead to growth in the business sector. Jack Harvel, Kansas City Star, 12 Mar. 2026 Its individual income tax ranks even higher at 49th, driven largely by its marginal income tax rate of 13.3 percent and corporate tax rate of 8.8 percent. Jim Doti, Oc Register, 8 Mar. 2026 The number of tax filers with no federal income tax would increase from 37 million under current law to 66 million under Van Hollen's proposal, according to Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic Policy, a left-leaning think tank. Jeff Stein The Washington Post, Arkansas Online, 6 Mar. 2026 See All Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
  • In 1964: The 24th Amendment to the U.S. Constitution, which prohibited both Congress and any of the states from imposing a poll tax or any other tax to vote in federal elections, was ratified.
    Lorenzino Estrada, AZCentral.com, 23 Jan. 2026
  • Republicans meanwhile have pushed against expansion, especially by supporting voter ID laws, which can make voting more time consuming, and in some cases, may require people to pay fees to secure IDs (which critics liken to a poll tax).
    Time, Time, 29 Oct. 2025
Noun
  • Lowering assessments for certain classes or neighborhoods pushes more of the property tax burden on other taxpayers.
    A.D. Quig, Chicago Tribune, 13 Mar. 2026
  • Fire Rescue also gets about $41 million this year from the countywide property tax.
    Douglas Hanks March 13, Miami Herald, 13 Mar. 2026
Noun
  • Proponents of the ballot initiative argue that Silicon Valley’s unmatched ecosystem of founders, investors, and talent is so alluring that no single tax would cause current and would-be billionaires to relocate.
    Rogé Karma, The Atlantic, 28 Jan. 2026
  • For instance, will the severance land in a single tax year and push your household into a higher bracket?
    Steve Hruby, Cincinnati Enquirer, 10 Nov. 2025
Noun
  • Sunrise Mall has struggled in recent years, and sales tax revenues have sunk steadily for decades.
    Sacbee.com, Sacbee.com, 7 Mar. 2026
  • The Georgia Senate Friday morning passed a bill that would repeal the sales tax exemptions through 2028 and 2031, respectively.
    Kristi Swartz, AJC.com, 7 Mar. 2026
Noun
  • In May, President Donald Trump's administration ended the pandemic-era pause on student loan payments, beginning to collect on defaulted debt through withholding tax refunds and other federal payments to borrowers.
    Marley Malenfant, Austin American Statesman, 7 Jan. 2026
  • In May, the Trump administration ended the pandemic-era pause on student loan payments, beginning to collect on defaulted debt by withholding tax refunds and other federal payments to borrowers.
    Annie Ma, Los Angeles Times, 5 Jan. 2026
Noun
  • 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
  • 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
Noun
  • The budget came weeks after Gondongwana said South Africa’s debt is projected to peak this fiscal year after rising for nearly two decades, creating room for more infrastructure investment and tax relief.
    Tiisetso Motsoeneng, semafor.com, 9 Mar. 2026
  • Lake and Porter counties have also been asked to adopt a 1% food and beverage tax, and Lake County has been asked to pass a 5% innkeepers tax.
    Maya Wilkins, Chicago Tribune, 8 Mar. 2026
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
  • Signal Cleveland reports Council President Blaine Griffin and County Executive Chris Ronayne are in talks to raise the sin tax, which would require a change to state law.
    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 14 Mar. 2026.

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