property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web
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The legislation is overwhelmingly weighted in favor of developers, who receive significant property tax breaks atop the ability to override local zoning controls, including historic designations that are meant to protect historically and architecturally significant buildings and districts. Andres Viglucci, Miami Herald, 30 Apr. 2025 Senate Enrolled Act 1 eliminates the current property tax relief credit, which uses local income tax to fund property tax deductions for residential homesteads, Greller said. Maya Wilkins, Chicago Tribune, 26 Apr. 2025 If passed by the House and signed into law by Gov. Ron DeSantis, the property tax measures would appear on the November 2026 ballot and would require 60% of the vote to be added to the state’s constitution. Center Square, The Washington Examiner, 26 Apr. 2025 Mounting tax frustrations The recall effort grew out of taxpayers’ dissatisfaction with how White and county assessment director Gail McCann Beatty set values on real estate for property tax purposes during the biennial reassessment cycle in 2023. Mike Hendricks, Kansas City Star, 24 Apr. 2025 See All Example Sentences for property tax

Word History

First Known Use

1808, in the meaning defined above

Time Traveler
The first known use of property tax was in 1808

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Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 3 May. 2025.

Legal Definition

property tax

noun
: a tax levied on real or personal property (as by a municipality) compare excise, income tax

More from Merriam-Webster on property tax

Last Updated: - Updated example sentences
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