hidden tax

noun

Definition of hidden taxnext
as in income tax

Synonyms & Similar Words

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Examples Sentences

Recent Examples of Synonyms for hidden tax
  1. income tax
  2. single tax
  3. property tax
  4. sales tax
  5. poll tax
  6. withholding tax
  7. value-added tax
  8. sin tax
Noun
  • In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.
    Robert W. Wood, Forbes, 5 Dec. 2024
  • Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.
    Kim Bojórquez, Axios, 5 Dec. 2024
Definition of income tax
Noun
  • 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
  • This strategy, involves clustering donations in a single tax year to surpass the standard deduction and make itemizing worthwhile.
    James Brewer, Forbes, 26 Nov. 2024
Definition of single tax
Noun
  • Despite a last-minute plea from St. Paul Mayor Melvin Carter and a wide-ranging assembly of city partners, the St. Paul City Council voted 4-2 on Wednesday to reject the mayor’s final budget proposal, which called for a 6.9% property tax levy increase.
    Frederick Melo, Twin Cities, 11 Dec. 2024
  • The City of Brookfield has never held a property tax levy referendum, according to Scott.
    Bridget Fogarty, Journal Sentinel, 5 Dec. 2024
Definition of property tax
Noun
  • Inflation does increase sales tax revenue, something most states experienced in the past few years, and New York especially should be using this extra revenue as an opportunity to reform rather than giving it away as a one-time benefit.
    The Editors, National Review, 12 Dec. 2024
  • The street redesign is projected to boost the area’s property and sales tax revenue in a key corridor for the city, according to a release.
    Josephine Stratman, New York Daily News, 9 Dec. 2024
Definition of sales 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
Definition of poll tax
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
Definition of withholding tax
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
Definition of value-added tax
Noun
  • 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
  • Among a litany of measures, including a major change to the government’s fiscal rules, Reeves is reported to be considering a sin tax raid.
    Sam Meredith, CNBC, 29 Oct. 2024
Definition of sin tax
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.

Thesaurus Entries Near hidden tax

hidden

hidden tax

hidden taxes

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“Hidden tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/hidden%20tax. Accessed 21 Dec. 2024.

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