income tax

Examples Sentences

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Recent Examples of income tax Trump also supports some new cuts, including lowering the corporate income tax rate to 15%. David A. Lieb, Chicago Tribune, 17 Jan. 2025 The finding comes on top of the fact that the individual income tax cuts, while affecting many Americans, skewed toward most benefiting the rich, who pay the bulk of the nation’s income taxes. Andrew Duehren, New York Times, 17 Jan. 2025 Last year, the official kickoff date for the tax season was Jan. 29 for filing 2023 federal income tax returns. Susan Tompor, USA TODAY, 16 Jan. 2025 The provision reduces businesses’ incentive to convert to a C corporation to get a lower corporate income tax rate. Jeanne Sahadi, CNN, 15 Jan. 2025 See all Example Sentences for income tax 
Recent Examples of Synonyms for income tax
Noun
  • Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.
    Tanyel Mustafa, refinery29.com, 12 Jan. 2024
  • But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.
    John Otis, NPR, 16 Apr. 2024
Noun
  • Aldermen then proceeded to outmaneuver the mayor to land a budget with no property tax increase.
    Laura Washington, Chicago Tribune, 8 Jan. 2025
  • California’s Proposition 13 the previous June, which immediately cut property tax rates by 60 percent, had shown that the real world prefers meat-axe, condition-less tax-rate cuts.
    Brian Domitrovic, Forbes, 31 Dec. 2024
Noun
  • The payments sent back $250 to single tax filers and $375 to head-of-household filers.
    Chris McKenna, USA TODAY, 10 Dec. 2024
  • Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.
    Prarthana Prakash, Fortune Europe, 26 Nov. 2024
Noun
  • Remember, tariff is another word for tax–a sales tax, to be precise.
    Steve Forbes, Forbes, 14 Jan. 2025
  • In September, the City Council approved creating a sales tax revenue (STAR) bond district to support the development of entertainment and tourism attractions, like the one slotted for the Olathe Gateway.
    Taylor O’Connor, Kansas City Star, 13 Jan. 2025
Noun
  • Under the Foreign Account Tax Compliance Act (FATCA), Washington requires foreign financial institutions to disclose their American clients’ financial information to the U.S. Treasury and imposes a 30 percent withholding tax on certain payments to foreign financial institutions that don’t comply.
    Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
  • Palestinian leaders say its ability to exercise effective governance has been effectively blocked by Israeli restrictions, which have included withholding tax revenues due under the Oslo accords.
    Ali Sawafta, The Christian Science Monitor, 26 Feb. 2024
Noun
  • 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
  • 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
Noun
  • Some believe that this type of 'golden passport' encourages money laundering and tax evasion.
    Alex Ledsom, Forbes, 12 Jan. 2025
  • Facing lower tax revenues and higher operating costs, Ms. Bass did indeed approve a budget for the fire department’s current fiscal year that was $23 million less than the previous year.
    Heather Knight, New York Times, 10 Jan. 2025
Noun
  • 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
  • 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

Thesaurus Entries Near income tax

Cite this Entry

“Income tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/income%20tax. Accessed 26 Jan. 2025.

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