Examples of income tax in a Sentence
Federal income tax will be deducted from your pay.
The new law will lower income taxes for most taxpayers.
Recent Examples on the Web
Gains realized on investments sold within a one-year holding period are classified as short-term capital gains, which are taxed at your ordinary income tax rate.
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True Tamplin, Forbes, 21 Mar. 2025
The income tax provision for 2024 was $1.1 million, compared to $3.8 million in 2023.
—Quartz Intelligence Newsroom, Quartz, 20 Mar. 2025
That way, the burden would fall on all Golden State taxpayers, not just Edison, PG&E and SDG&E customers — a much more equitable strategy, especially given California’s progressive income tax system, which requires higher earners to pay more.
—Sammy Roth, Los Angeles Times, 20 Mar. 2025
Eliminating Ohio's income tax would massively reduce tax revenue for the state—threatening a huge increase in debt.
—David Faris, Newsweek, 17 Mar. 2025
See All Example Sentences for income tax
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True Tamplin, Forbes, 21 Mar. 2025
The income tax provision for 2024 was $1.1 million, compared to $3.8 million in 2023.
—Quartz Intelligence Newsroom, Quartz, 20 Mar. 2025
That way, the burden would fall on all Golden State taxpayers, not just Edison, PG&E and SDG&E customers — a much more equitable strategy, especially given California’s progressive income tax system, which requires higher earners to pay more.
—Sammy Roth, Los Angeles Times, 20 Mar. 2025
Eliminating Ohio's income tax would massively reduce tax revenue for the state—threatening a huge increase in debt.
—David Faris, Newsweek, 17 Mar. 2025
See All Example Sentences for income tax
Cite this Entry
“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 24 Mar. 2025.
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