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 This created a major problem in the late 19th century when Congress enacted a new federal income tax. Kelly Phillips Erb, Forbes.com, 15 Aug. 2026 Looking for a means to boost a flagging economy, Kennedy proposed gutting the income tax rates. Literary Hub, 14 Aug. 2026 Colorado has been at this since 2022, when voters passed Proposition 123, dedicating a share of state income tax revenue to affordable housing. Solomon Greene, The Conversation, 14 Aug. 2026 One possibility is an increase in income tax, potentially for high-income households. Bryan P. Sears, Baltimore Sun, 14 Aug. 2026 See All Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 2026
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
Noun
  • The city plans to pursue additional grants and use property tax dollars for the construction itself.
    Elliott Wenzler, Denver Post, 25 Aug. 2026
  • Developers are requesting a 75% property tax abatement on the site lasting for 25 years.
    Ilana Arougheti, Kansas City Star, 24 Aug. 2026
Noun
  • For the overtime tax break, eligible workers can deduct a portion — up to $12,500 for single tax filers or $25,000 for married couples filing jointly — of qualifying overtime on their tax return.
    Sarah Agostino, CNBC, 18 Aug. 2026
  • The participant must also take a lump-sum distribution of the entire retirement plan balance within a single tax year.
    David Kudla, Forbes.com, 30 June 2026
Noun
  • The legislation is expected to raise more than $1 billion for the region’s mass transit systems annually with the help of a sales tax hike and a diversion of the state’s sales tax on motor fuel to public transit.
    Talia Soglin, Chicago Tribune, 20 Aug. 2026
  • The city’s sales tax sharing agreement with property owner Manley was not on the agenda, and no one tried to bring it up.
    Terri Daxon, Oc Register, 20 Aug. 2026
Noun
  • Once Vasquez applies for funding, the Missouri department will determine the state’s contribution based on the amount of withholding tax, sales tax and athlete and entertainer tax revenues generated by the team last year, a Kehoe spokesperson previously told The Star.
    Kacen Bayless, Kansas City Star, 10 June 2026
  • The incentives include sales and use tax refunds, qualifying investment tax credits and withholding tax credits.
    Max Rego, The Hill, 12 Feb. 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 Heat are hard-capped at the NBA first luxury-tax apron due to the machinations required to trade last month for Milwaukee Bucks forwards Giannis Antetokounmpo and Bobby Portis.
    Ira Winderman, Sun Sentinel, 24 Aug. 2026
  • The feature is produced by Scandi giant SF Studios in co-production with Croatia’s Kinorama, SVT and NRK, with funding from the Swedish Film Institute, Film Stockholm, Film i Dalarna, and a Croatian tax rebate.
    Annika Pham, Variety, 24 Aug. 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
  • 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

Browse Nearby Words

Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 27 Aug. 2026.

More from Merriam-Webster on income tax

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster