income tax

Examples Sentences

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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. 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
  • 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
  • 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
Noun
  • 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
  • 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
  • Scott said a solution could be found by allowing the city to keep a portion of its local sales tax.
    Hannah Gaskill, Baltimore Sun, 29 Nov. 2024
  • Setting aside the question of feasibility, a president that promised to implement a federal sales tax in order to punish a trade partner through fewer sales would probably not see their approval rating skyrocket.
    Andrew Leahey, Forbes, 27 Nov. 2024
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
  • The premier of British Columbia announced a significant hike on Thursday in tax incentives for film and TV, as the province struggles with a sharp decline in production.
    Gene Maddaus, Variety, 13 Dec. 2024
  • Government Initiatives And Policies The Dubai government has rolled out several initiatives to boost real estate’s appeal, including property law reforms, relaxed visa rules and tax incentives.
    Johan Hajji, Forbes, 13 Dec. 2024
Noun
  • 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
  • Separately, the Browns, who still have more than half of their $92 million sin tax allocation remaining, are likely to receive $3.4 million from the City of Cleveland for repairs, cleveland.com reported previously.
    Lucas Daprile, cleveland, 30 Aug. 2023

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 18 Dec. 2024.

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