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.
  • The plan would lower the income tax rate to a flat 1.5 percent.
    James Freeman, WSJ, 9 Sep. 2022
  • The maximum income tax rate is 5% and 2% on the low-end.
    al, 25 July 2022
  • The income tax cuts in the law would end, reimposing the higher pre-2018 tax rates.
    Bob Carlson, Forbes, 28 Nov. 2023
  • At the time of Grint's payment, the top income tax rate was 50 percent.
    Thomas G. Moukawsher, Newsweek, 29 Nov. 2024
  • Chouinard doesn’t get an income tax refund for the move.
    Amanda Shendruk, Quartz, 15 Sep. 2022
  • These included the first cut in state income tax rates since the mid-1990s.
    Keith M. Phaneuf, Hartford Courant, 24 Aug. 2022
  • The bill does exempt the payments from state income tax.
    Kathleen Pender, San Francisco Chronicle, 2 July 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
  • Rinke would eliminate the state income tax, which brings in close to $13 billion a year.
    Paul Egan, Detroit Free Press, 28 July 2022
  • In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.
    Robert W. Wood, Forbes, 5 Dec. 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
  • And two others on the list—Tennessee and Nevada—also don’t have a state income tax.
    Chloe Berger, Fortune, 15 Aug. 2022
  • 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

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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