Examples of income tax in a Sentence
Federal income tax will be deducted from your pay.
The new law will lower income taxes for most taxpayers.
Recent Examples on the Web
Trump has suggested cutting the corporate tax rate and has floated some income tax cuts too.
—
Li Zhou, Vox, 6 Nov. 2024
Trump's plan would mostly help middle- and high-income retirees, given that low-income retirees often don't make enough to pay federal income tax on their benefits, according to tax experts.
—Aimee Picchi, CBS News, 5 Nov. 2024
One recent study finds that middle- and high-earning households move to non-income-tax states after large personal income tax hikes.
—Adam A. Millsap, Forbes, 5 Nov. 2024
Without changes from Congress, the income tax brackets will revert to 10%, 15%, 25%, 28%, 33%, 35% and 39.6% after 2025.
—Kate Dore, Cfp®, CNBC, 5 Nov. 2024
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Li Zhou, Vox, 6 Nov. 2024
Trump's plan would mostly help middle- and high-income retirees, given that low-income retirees often don't make enough to pay federal income tax on their benefits, according to tax experts.
—Aimee Picchi, CBS News, 5 Nov. 2024
One recent study finds that middle- and high-earning households move to non-income-tax states after large personal income tax hikes.
—Adam A. Millsap, Forbes, 5 Nov. 2024
Without changes from Congress, the income tax brackets will revert to 10%, 15%, 25%, 28%, 33%, 35% and 39.6% after 2025.
—Kate Dore, Cfp®, CNBC, 5 Nov. 2024
See all Example Sentences for income tax
Dictionary Entries Near income tax
Cite this Entry
“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 21 Nov. 2024.
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