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 For the current tax year, for example, couples earning up to $24,800 in taxable income will owe 10% of it in federal personal income tax. Business Columnist, Los Angeles Times, 6 May 2026 The country has no inheritance or capital gains tax and a flat 15% income tax rate (with effective rates often lower due to various allowances). Eleanor Pringle, Fortune, 6 May 2026 Hilton pledged to make people's first $100,000 free of income tax. ABC News, 5 May 2026 Removing taxes from the goods, removing income tax for people in the trades, eliminating permit fees, all components of building — will increase building activity and will allow many to participate in housing development. Kaitlyn Schallhorn, Oc Register, 4 May 2026 See All Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
  • Akbar had already incorporated Hindus into the Mughal military and administrative system and abolished the jizyah (a poll tax historically levied on non-Muslims under Islamic law) as part of a policy of inclusion.
    Encyclopedia Britannica, Encyclopedia Britannica, 9 Apr. 2026
Noun
  • Achieving near-100% online property tax payments, in partnership with our residents, is the single greatest operational efficiency gain yielding millions in more revenue annually.
    Lucas Robinson, San Diego Union-Tribune, 8 May 2026
  • The development is projected to generate around $100,000 annually in property tax revenue.
    Molly Morrow, Chicago Tribune, 8 May 2026
Noun
  • To qualify for the Saver’s Match, a single tax filer must earn less than $35,500.
    Daniel de Visé, USA Today, 30 Apr. 2026
  • Aranda’s sixth-inning sac fly and Yandy Diaz’s eight-inning infield single tax Fried for two more runs.
    Fiifi Frimpong, New York Daily News, 12 Apr. 2026
Noun
  • Despite the passage of a temporary sales tax, Measure A, and job cuts earlier this year, the county is forecasting a $500 million shortfall in the 2027-28 fiscal year.
    Luis Melecio-Zambrano, Mercury News, 9 May 2026
  • The sales tax, which is expected to generate about $2 million annually, would be enough to cover the cost of the facility, Chaika said.
    Mary Divine, Twin Cities, 9 May 2026
Noun
  • Once Vasquez applies for funding, Hataway’s 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, 16 Apr. 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 energy secretary suggested officials were open to suspending the federal gas tax to bring down prices for consumers.
    Karissa Waddick, USA Today, 11 May 2026
  • My father’s clients were loyal and had become close friends over the years, but my mother knew little about the technical side of accounting or tax preparation.
    Voice of the People, New York Daily News, 10 May 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 May. 2026.

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