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 latest in a long series of corrective measures was a thirteen-per-cent state income tax on millionaires, which went into effect in 2012 and is due to expire in 2030. — Nicholas Lemann, New Yorker, 4 Oct. 2026 Now, communities are left scrambling to cut budgets and find new sources of revenues, such as enacting a local income tax. — Jim Masters, Chicago Tribune, 4 Oct. 2026 According to an analysis from California’s nonpartisan Legislative Analyst’s Office (LAO), the tax could generate revenues in the tens of millions in the short term but cause decreases in income tax revenue in the future. — Juhi Doshi, ABC News, 3 Oct. 2026 Keeping the tax, which is currently set to expire in 2031, in place would maintain between $5 billion and $15 billion in state income tax revenue. — Sofia Williams, Sacbee.com, 1 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
  • The fiscal implications on local communities of Senate Enrolled Act 1 and its sweeping property tax reform measures is on Olthoff’s mind, as well as that of her Democratic challenger.
    — Jim Masters, Chicago Tribune, 4 Oct. 2026
  • Also pay attention if property tax or utility bills suddenly stop arriving, since that can be a sign that contact or ownership information changed.
    — Kurt Knutsson, FOXNews.com, 3 Oct. 2026
Noun
  • Other incentives contemplated include a special 1% sales tax district in the project area and sales tax breaks on construction materials, city documents show.
    — Chris Higgins, Kansas City Star, 6 Oct. 2026
  • All five Citrus Heights City Council candidates say the future of Sunrise Mall is a top issue, with sales tax revenue from the once-thriving property down nearly 90% over the past quarter-century.
    — Sacbee.com, Sacbee.com, 6 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
  • The tax generates more than a half-billion dollars for county public schools, district estimates show, and the vast majority of it supplements the salaries of teachers like Fortich.
    — Max Klaver, Miami Herald, 3 Oct. 2026
  • Families who expect their child to go to college may consider opening a 529 savings plan which offers tax advantages like tax-free growth when it's used for qualifying education expenses and potentially state tax-deductible contributions.
    — Kamaron McNair, CNBC, 3 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 10 Oct. 2026.

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