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 In 2024, the latest year for which there’s complete data, the top 1% of California taxpayers accounted for 40% of the total state income tax revenue, the FTB reported. Los Angeles Times, 18 May 2026 Likewise, Colorado risks driving away its wealthiest residents with higher income tax rates, said Walker. Aldo Svaldi, Denver Post, 18 May 2026 Gregg Hull, a former three-term mayor of Rio Rancho on the outskirts of Albuquerque, wants New Mexico to join the ranks of states with no personal income tax like Texas and Wyoming. Morgan Lee, Fortune, 15 May 2026 Other options could include raising sales taxes and/or a state income tax. Eleanor Dearman, Fort Worth Star-Telegram, 14 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
  • Timmy Knudsen, 43rd, charging that the overall development plans would diminish the neighborhood’s historic character, residents, property tax base and affordable housing.
    Kate Perez, Chicago Tribune, 23 May 2026
  • While the mortgage payment fit the budget, an $8,400 property tax bill, a homeowners insurance premium that jumped 22% at renewal and a broken water heater just eight months after move-in severely strained the household finances.
    Mike Winters, CNBC, 22 May 2026
Noun
  • Nearly half the revenue generated comes from eliminating a single tax break: a sales tax exemption for boats sold by licensed dealers to out-of-state residents.
    David Wickert, AJC.com, 5 May 2026
  • 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
Noun
  • The Republican governor also moved measures that would require the direct election of all county assessors and renew a sales tax for parks conservation to August.
    Kacen Bayless, Kansas City Star, 22 May 2026
  • City staff lowered their forecast for next year’s sales tax revenue by $500,000.
    Daniel Lempres, Sacbee.com, 20 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
  • While some of the sales tax changes were added to the budget, the section that reallocated some of the tax to tourism was not.
    P.R. Lockhart, Hartford Courant, 17 May 2026
  • The rest of the production had been much harder—particularly because, to his frustration, he’d been forced to film primarily in Atlanta rather than in Oakland, after a year of maddening delays led to the production losing its California tax rebate.
    Emily Nussbaum, New Yorker, 17 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 24 May. 2026.

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