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 Eventually other studios start calculating a zero percent state income tax. Joseph Kahn, HollywoodReporter, 3 Sep. 2026 However, the Illinois Policy Institute counters that a millionaire tax could open the door for higher taxes on thousands of local small businesses by generating an uptick in their marginal state income tax rate. Claire Murphy, Chicago Tribune, 31 Aug. 2026 Gates figures that if AI takes the jobs of humans, then state revenues from income tax will drop. Eleanor Pringle, Fortune, 28 Aug. 2026 If the trust does not pay its own income tax, more of the trust’s capital can remain invested. Michael Gold Cfp, Forbes.com, 28 Aug. 2026 See All Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
  • Miles called it a modern poll tax, which created a barrier for low-income individuals wanting to cast a ballot up until the 1960s in Texas.
    Rachel Royster, Fort Worth Star-Telegram, 2 Sep. 2026
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 2026
Noun
  • Last year, voters living around Aspen approved sales and property tax increases to specifically fund wildfire reduction.
    Jeff Todd, CBS News, 8 Sep. 2026
  • The property tax burden is one major reason why there are few cranes in the sky in Cook County these days.
    Chicago Tribune, Chicago Tribune, 8 Sep. 2026
Noun
  • Questions about funding The city plans to redirect sales tax revenue generated by the stadium and surrounding district to help cover bond payments.
    Chris Higgins, Kansas City Star, 11 Sep. 2026
  • Last year the supervisors voted to divert more than $300 million in Measure A sales tax funds from the agency to a new county homelessness department.
    David Zahniser, Los Angeles Times, 10 Sep. 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
  • Another factor worth evaluating is your incomes and how combining them (or keeping them separate) influences your total tax bill.
    Becca Stanek, TheWeek, 7 Sep. 2026
  • That means a $4,000,001 estate in Illinois yields a state estate tax bill of more than $220,000, compared with $0 in federal tax because the $15 million threshold isn't hit.
    Medora Lee, USA Today, 6 Sep. 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
Noun
  • States are increasingly using tax credits to help families manage the rising cost of raising children, particularly after the temporary federal child tax credit expansion showed how direct tax relief could affect household finances.
    Kelly Phillips Erb, Forbes.com, 27 June 2026
  • Lack of direct tax cuts concerns GOP Republican lawmakers say Connecticut still can afford to deliver direct relief to taxpayers, provided the state does a better job controlling the growth of costs.
    Keith M. Phaneuf, Hartford Courant, 28 Apr. 2026

Browse Nearby Words

Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 17 Sep. 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