income tax

Definition of income taxnext

Example Sentences

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Recent Examples of income tax Andermatt, meanwhile, sits within the Canton of Uri, where the top rate of income tax is among Switzerland’s lowest (qualifying international residents may also benefit from the country’s lump-sum taxation regime). — Nick Scott, Robb Report, 17 Oct. 2026 Corporate income tax provided $381 billion in receipts during the 2026 fiscal year. — Alex Harring, CNBC, 16 Oct. 2026 But income tax thresholds remain frozen and the chancellor could even reduce these for additional rate taxpayers. — Marc Shoffman, TheWeek, 15 Oct. 2026 State figures from 2022, for example, show less than 1% of filers reported an income over $1 million, but those returns accounted for 35% of overall income tax revenue. — Ben Paviour, Sacbee.com, 12 Oct. 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
  • In Miami-Dade, apartment renters could find themselves on the hook for an extra $291 per year to pay off their landlords’ higher property tax bills.
    — Max Klaver, Miami Herald, 24 Oct. 2026
  • Support for the project included historic tax credits alongside property tax exemptions through Port KC.
    — Chris Higgins, Kansas City Star, 23 Oct. 2026
Noun
  • The commercial, however, never mentions that only one company — insurance giant CIGNA — has received a sales tax exemption from the state Department of Economic and Community Development under the bipartisan law that was signed by Lamont in 2021.
    — Christopher Keating, Hartford Courant, 28 Oct. 2026
  • An accompanying sales tax increase was in place for four years.
    — Howard Blume, Los Angeles Times, 27 Oct. 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
  • But a dollar paid in tax cannot also finance an engineer’s salary or a new production line.
    — Rick Lazio, Fortune, 24 Oct. 2026
  • The Federal Trade Commission identifies unauthorized bank withdrawals, unfamiliar medical bills and fraudulent tax filings among the warning signs of identity theft.
    — Kurt Knutsson, FOXNews.com, 24 Oct. 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

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Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 29 Oct. 2026.

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