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 The Amazon founder recently suggested that the bottom half of American earners should pay zero federal income tax. Kurt Knutsson, FOXNews.com, 6 June 2026 After age 73, owners of traditional IRAs or 401(k) accounts are required to make withdrawals from retirement accounts based on the size of the account and the account holder’s age, and all withdrawals are taxable at ordinary income tax rates. Elliot Raphaelson, The Orlando Sentinel, 5 June 2026 Generally, the child’s unearned income — such as taxable interest, dividends and capital gains — over $2,700 is taxed at the parent’s marginal income tax rate. Jessica Dickler,greg Iacurci, CNBC, 5 June 2026 The Missouri Secretary of State’s Office authorized the company to do business in Missouri in February, shortly after Kehoe promoted his plan to eliminate the state income tax during his annual State of the State address in January. Kacen Bayless, Kansas City Star, 3 June 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
  • The Cook County Assessor said the county's commercial businesses saw millions of dollars cut from their property tax bills this year, and the burden was shifted onto homeowners.
    Tara Molina, CBS News, 10 Dec. 2025
  • Earlier this year, DeSantis criticized the House’s plan to put forward multiple property tax proposals at the same time.
    Romy Ellenbogen, Miami Herald, 10 Dec. 2025
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
  • 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
Noun
  • Underwriters contracted by Wyandotte County’s local government may soon ask public investors to buy more than $90 million in sales tax and revenue bonds to restart American Royal’s move to western Kansas City, Kansas.
    Sofi Zeman, Kansas City Star, 8 Dec. 2025
  • The city is facing significant budget cuts as sales tax revenue has stagnated.
    Elliott Wenzler, Denver Post, 5 Dec. 2025
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
  • Using tax hikes or equivalent benefit cuts to shore up the trust fund and allocating 40% of it to stocks would keep it solvent indefinitely in most simulations—avoiding even steeper taxes or cuts in the future.
    Jason Ma, Fortune, 14 June 2026
  • That’s because your personal circumstance and finances (such as other sources of retirement income and your tax bracket) can be complex and so are the Social Security rules governing them.
    Jeanne Sahadi, CNN Money, 14 June 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

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Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 18 Jun. 2026.

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