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 Many of his promises rely on a central term goal of taking the state’s income tax to 0%. — Sophie Lindberg, Kansas City Star, 27 Oct. 2026 The tax has the potential to raise as much revenue as a 5% income tax on all Californian taxpayers, and even raise about $100 billion to backfill federal Medicaid cuts. — Catherina Gioino, Fortune, 27 Oct. 2026 The Federal Scholarship Tax Credit allows eligible taxpayers to receive a federal income tax credit of up to $1,700 for contributions to qualifying scholarship granting organizations (SGOs). — Claudia Nachtigal, Baltimore Sun, 21 Oct. 2026 Those included the historically low top-income tax rate and the lowest corporate tax rate since 1940. — Markus Schneider, The Conversation, 20 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 1 Nov. 2026.

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