as in poll tax
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Recent Examples of income tax
Target's effective income tax rate for the quarter was 21.7 percent, compared to 21.3 percent in the previous year.
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Quartz Bot, Quartz, 27 Nov. 2024
Arkansas' top individual income tax rate was cut earlier this year from 4.4% to 3.9%, and the top corporate rate from 4.8% to 4.3%.
—Worth Sparkman, Axios, 22 Nov. 2024
An investor who is in the 32% income tax bracket holding a muni bond with a tax-free yield of 3% would need to find a taxable issue with a 4.41% yield in order to generate the same level of income.
—Jesse Pound, CNBC, 21 Nov. 2024
Roughly speaking, the task force is recommending property tax credits for seniors, larger property tax exemptions for small businesses, enabling large municipalities to adopt their own local income tax, and reducing the cap on local income taxes.
—Kayla Dwyer, The Indianapolis Star, 21 Nov. 2024
See all Example Sentences for income tax 
Quartz Bot, Quartz, 27 Nov. 2024
Arkansas' top individual income tax rate was cut earlier this year from 4.4% to 3.9%, and the top corporate rate from 4.8% to 4.3%.
—Worth Sparkman, Axios, 22 Nov. 2024
An investor who is in the 32% income tax bracket holding a muni bond with a tax-free yield of 3% would need to find a taxable issue with a 4.41% yield in order to generate the same level of income.
—Jesse Pound, CNBC, 21 Nov. 2024
Roughly speaking, the task force is recommending property tax credits for seniors, larger property tax exemptions for small businesses, enabling large municipalities to adopt their own local income tax, and reducing the cap on local income taxes.
—Kayla Dwyer, The Indianapolis Star, 21 Nov. 2024
See all Example Sentences for income tax
Recent Examples of Synonyms for income tax
Noun
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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
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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
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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
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The City of Brookfield has never held a property tax levy referendum, according to Scott.Bridget Fogarty, Journal Sentinel, 5 Dec. 2024
Noun
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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
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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
Noun
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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
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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
Noun
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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
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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
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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
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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
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According to the terms of the plea agreement, Smirnov will plead guilty to one count of causing the creation of a false record in a federal investigation and three counts of tax evasion for 2020, 2021 and 2022.Thao Nguyen, USA TODAY, 13 Dec. 2024
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President Joe Biden has used this power to pardon his son, Hunter, following the younger Biden's conviction on federal gun and tax charges.Chad Murphy, The Enquirer, 13 Dec. 2024
Noun
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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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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
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 21 Dec. 2024.
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