as in poll tax
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Recent Examples of income tax
Trump has also proposed replacing federal income tax with tariffs.
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Karissa Waddick, USA TODAY, 4 Nov. 2024
Here’s why many are more at risk of running short of money than younger colleagues
Taken together, though, that means anyone in their 50s next year can save up to $31,000 for their retirement nest egg, and those savings will not be subject to income tax in 2025.
—Jeanne Sahadi, CNN, 1 Nov. 2024
One of the similarities between the Canadian tax system and the U.S. tax system is that most income tax and benefit amounts in both countries are indexed to inflation (only a few countries adjust their income tax thresholds for inflation—out of 160 economies, 131 have no adjustment at all).
—Kelly Phillips Erb, Forbes, 2 Nov. 2024
During the quarter, Apple paid a one-time income tax charge of $10.2 billion to resolve a long-running case dating back to 2016 over how the company handled taxes in Ireland.
—Kif Leswing, CNBC, 31 Oct. 2024
See all Example Sentences for income tax 
Karissa Waddick, USA TODAY, 4 Nov. 2024
Here’s why many are more at risk of running short of money than younger colleagues
Taken together, though, that means anyone in their 50s next year can save up to $31,000 for their retirement nest egg, and those savings will not be subject to income tax in 2025.
—Jeanne Sahadi, CNN, 1 Nov. 2024
One of the similarities between the Canadian tax system and the U.S. tax system is that most income tax and benefit amounts in both countries are indexed to inflation (only a few countries adjust their income tax thresholds for inflation—out of 160 economies, 131 have no adjustment at all).
—Kelly Phillips Erb, Forbes, 2 Nov. 2024
During the quarter, Apple paid a one-time income tax charge of $10.2 billion to resolve a long-running case dating back to 2016 over how the company handled taxes in Ireland.
—Kif Leswing, CNBC, 31 Oct. 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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Georgia is one of eight states with property tax measures on the ballot.Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
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And Seattle voters will weigh in on a $1.55 billion transportation levy, the largest property tax measure in city history.Melissa Santos, Axios, 5 Nov. 2024
Noun
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By unifying the nation under a single tax regime, GST streamlined the complex web of indirect taxes and brought about greater transparency and efficiency in the system.Pankaj Vasani, Forbes, 1 Oct. 2024
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In 2018, then-Senator Harris proposed a refundable tax credit for lower- and middle-income families, which would have provided cash payments of two hundred and fifty dollars a month for single tax filers and five hundred dollars a month for married couples.John Cassidy, The New Yorker, 29 July 2024
Noun
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Buena Park voters are supporting the city’s request to add a 1 cent sales tax to generate more local revenue by 74%.Heather McRea, Orange County Register, 6 Nov. 2024
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Proposition 490, a sales tax measure, received a commanding majority of 'yes' votes in the early tallies.Sam Kmack, The Arizona Republic, 5 Nov. 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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Long term interest rates, such as mortgage rates overall, Zandi said, would end up higher because Trump's tariff, immigration and tax policies would fuel inflation and bigger budget deficits.Susan Tompor, Detroit Free Press, 6 Nov. 2024
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The former can’t resist the allure of a tobacco and vaping tax, while the latter has fallen back in love with look, sensations and aesthetics of smoking.Hikmat Mohammed, WWD, 5 Nov. 2024
Noun
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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
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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 22 Nov. 2024.
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