How to Use income tax in a Sentence
income tax
noun- The new law will lower income taxes for most taxpayers.
- Federal income tax will be deducted from your pay.
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The income tax cuts in the law would end, reimposing the higher pre-2018 tax rates.
— Bob Carlson, Forbes, 28 Nov. 2023 -
Chouinard doesn’t get an income tax refund for the move.
— Amanda Shendruk, Quartz, 15 Sep. 2022 -
She's also called for phasing out the state's income tax.
— Andrew Demillo, ajc, 8 Feb. 2023 -
Duggan praised the city's income tax revenue growth, which reached about $200 million in the last decade.
— Detroit Free Press, 7 Mar. 2024 -
Hunter Biden was set to plead guilty to two misdemeanor counts of failing to pay income tax.
— USA TODAY, 26 July 2023 -
The corporate income tax is a flat rate of 8.84 percent.
— Kristian Fors, Orange County Register, 15 July 2024 -
That would bring Hyundai’s state income tax savings to $223 million.
— Jeff Amy, Fortune, 13 Sep. 2023 -
Biden raised the top personal income tax rate to 39.6 percent?
— Timothy Noah, The New Republic, 23 Feb. 2023 -
The state came in 40th for personal income tax and 37th for its corporate tax.
— Steve Bittenbender | The Center Square Contributor, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 3 Sep. 2024 -
What’s needed is to reduce income tax rates at all levels and extend the sales tax to services.
— George Skelton, Los Angeles Times, 11 Dec. 2023 -
The residents of this city voted to increase their income tax by a half a percent.
— Laura Johnston, cleveland, 3 Nov. 2022 -
This assumes the two bonds are comparable in risk and the investor is not subject to any state income tax.
— Chris Gunster, Forbes, 27 Mar. 2024 -
The agency also is inviting all states with a state income tax to sign up and help people file their state returns for free.
— Eleanor Pringle, Fortune, 30 May 2024 -
Bonilla and Griffey both live in Florida, which does not have a state income tax.
— Kurt Badenhausen, Sportico.com, 1 July 2024 -
For many, those benefits far outweigh any downsides, like the state’s high income tax rate.
— Tori Latham, Robb Report, 1 Aug. 2023 -
Lawmakers did not enact an income tax until the Civil War, to pay for the Union war effort.
— Matt Ford, The New Republic, 20 Sep. 2023 -
The plan to speed up income tax cuts will be on the agenda for the regular legislative session, which will begin next month.
— Jack Birle, Washington Examiner, 5 Dec. 2023 -
On top of that, Dubai has no income tax, which helps residents’ money go further.
— Sarah Kuta, Smithsonian Magazine, 14 Apr. 2023 -
Hyatt decamped to Nevada, which does not levy income tax.
— K. Lloyd Billingsley, Orange County Register, 25 Feb. 2024 -
The funding comes from local income tax revenue in fiscal 2024.
— Thomas Goodwin Smith, Baltimore Sun, 18 July 2023 -
Payments will be made to the same bank account where your 2020 income tax refund was deposited.
— Nathan Solis, Los Angeles Times, 29 Nov. 2022 -
The law that authorized them, AB192, exempted them from state income tax.
— Kathleen Pender, San Francisco Chronicle, 2 Dec. 2022 -
When income tax receipts from capital gains and dividends were high, the state spent big.
— Keith M. Phaneuf, Hartford Courant, 26 Sep. 2022 -
The measure would move Kansas from three state income tax brackets to two, providing many taxpayers with a break in the process.
— Jonathan Shorman, Kansas City Star, 14 May 2024 -
The budget will now provide $175 million in tax relief and won't condense the state's four income tax brackets into three.
— Alex Groth, Journal Sentinel, 6 July 2023 -
Most production companies are not based in Georgia and do not pay state income tax.
— Gene Maddaus, Variety, 8 Feb. 2024 -
New income tax brackets announced The IRS has raised the income thresholds and standard deductions for next year.
— Elizabeth Robinson, NBC News, 23 Oct. 2024 -
Trump’s tariffs are expected to generate around $300 billion a year – about nine times less than the revenue received from income tax.
— Karissa Waddick, USA TODAY, 26 Oct. 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'income tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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