as in direct tax
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Recent Examples of personal tax
In March, the government introduced a personal tax deduction for childcare expenses.
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Carl Minzner, Foreign Affairs, 3 May 2022
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TaxAct, a popular do-it-yourself personal tax preparation solution with decades of experience, stands out for its simplicity.
—Sponsored Content, The Mercury News, 8 Apr. 2024
Much simpler changes to the tax code could raise revenue from rich people without forcing the IRS to estimate unrealized gains, Zwick said, including reducing the deduction for business income claimed on personal tax returns — a tax break created in President Donald Trump’s 2017 tax cuts.
—Julie Zauzmer Weil, Washington Post, 27 Mar. 2024
So if the pass-through entity — usually S Corporations or partnerships — pays the tax, then the individual owners can deduct the entity’s taxes on their personal tax returns, instead of their own state and local taxes.
—Tara Siegel Bernard, New York Times, 2 Mar. 2024
See all Example Sentences for personal tax 
Carl Minzner, Foreign Affairs, 3 May 2022
File Your Taxes Online With H&R Block >> TaxAct – Best for Accuracy Guarantee
TaxAct, a popular do-it-yourself personal tax preparation solution with decades of experience, stands out for its simplicity.
—Sponsored Content, The Mercury News, 8 Apr. 2024
Much simpler changes to the tax code could raise revenue from rich people without forcing the IRS to estimate unrealized gains, Zwick said, including reducing the deduction for business income claimed on personal tax returns — a tax break created in President Donald Trump’s 2017 tax cuts.
—Julie Zauzmer Weil, Washington Post, 27 Mar. 2024
So if the pass-through entity — usually S Corporations or partnerships — pays the tax, then the individual owners can deduct the entity’s taxes on their personal tax returns, instead of their own state and local taxes.
—Tara Siegel Bernard, New York Times, 2 Mar. 2024
See all Example Sentences for personal tax
Recent Examples of Synonyms for personal tax
Noun
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Different rules for public and private schools Amendment 2 asks Kentucky voters whether or not the state should be allowed to direct tax dollars toward education outside the public school system.Krista Johnson, The Courier-Journal, 31 Oct. 2024
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For more information about ‘The Groundlings,’ or to direct tax deductible donation to the theatre or school, a please visit their website.Anne Easton, Forbes, 14 Oct. 2024
Noun
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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
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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
Noun
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The company maintains a tax holiday for a subsidiary in the APAC region, which contributed to a lower effective tax rate of 13.7% for the year.Quartz Bot, Quartz, 15 Nov. 2024
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Last week, bond yields surged on expectations that President-elect Donald Trump’s plans to lower tax rates, increase tariffs and reduce regulation could ultimately lead to higher U.S. government debt and inflation, along with faster economic growth.Alex Veiga, The Denver Post, 15 Nov. 2024
Noun
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This would push more property tax bills in the area above $10,000 per year, with owners often passing the cost onto their tenants.Marc Joffe, The Mercury News, 14 Nov. 2024
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This increase is mainly due to higher property tax expenses.Quartz Bot, Quartz, 14 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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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
Thesaurus Entries Near personal tax
Cite this Entry
“Personal tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/personal%20tax. Accessed 30 Nov. 2024.
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