Tax example sentences

"Tax" Example Sentences

1. The new tax increase will cost me a fortune.
2. They proposed another tax hike to fund public services.
3. Sales tax on food should be eliminated.
4. The tax accountant prepared my annual taxes for filing.
5. Most people dread doing their taxes every year.
6. The high taxes are driving businesses out of the city.
7. Tax evasion is illegal and punishable by law.
8. The loopholes in the tax code allow the rich to avoid taxes.
9. Income taxes take a huge chunk out of my paycheck every month.
10. They raised property taxes to pay for school renovations.
11. The tax break for homeowners saved me a lot of money.
12. After deductions and credits, I actually get a tax refund.
13. Our tax dollars should fund programs that benefit the most people.
14. I filed an extension on my taxes this year.
15. Tax reductions spurred economic growth and job creation.
16. Carbon taxes aim to reduce greenhouse gas emissions.
17. Sin taxes on cigarettes and alcohol generate government revenue.
18. The charitable donations lowered my taxable income.
19. Capital gains are taxed at a lower rate than ordinary income.
20. They spent our tax money on wasteful projects.
21.Payroll taxes fund programs like Social Security and Medicare.
22.The flat tax would simplify the overly complex tax code.
23. Politicians always promise tax cuts but rarely deliver.
24. The value added tax generates revenue without impacting incomes.
25. Taxing Wall Street transactions could earn billions.
26. The city levied a new amusement tax on movie tickets.
27. Tax breaks for the rich do not trickle down to help the poor.
28. Offshore tax havens allow the wealthy to avoid paying their fair share.
29. Sending jobs overseas does not help the tax base at home.
30. The fiscal cliff triggered massive tax increases.
31. The Laffer Curve suggests that too high taxes reduce revenues.
32. Corporate tax inversions allow companies to avoid US taxes.
33. Tax and spend liberals want to raise taxes to fund programs.
34. Conservatives prefer to cut taxes and reduce the size of government.
35. Lobbyists influence tax policy to benefit their clients.
36. The estate tax ensures the wealthy cannot pass exemptions to heirs.
37. Some argue that all taxes are essentially theft.
38. Others believe taxation is a necessary part of a civilized society.
39. Regressive taxes take a larger share from the poor.
40. Progressive taxes take a larger share from the rich.
41. Hidden taxes reduce consumers' purchasing power.
42. Lowering corporate taxes could attract more businesses.
43. Elderly people on fixed incomes struggle to pay rising property taxes.
44. Nonprofits are generally exempt from income and property taxes.
45. Tariffs are essentially taxes on imported goods.
46. Taxing the wealthy more heavily could help reduce income inequality.
47. Complex tax codes breed confusion, mistakes and corruption.
48. Some argue that lower taxes spur economic growth.
49. Others argue that government spending fuels economic activity.
50. Tax policies should balance the needs for revenue and economic growth.
51. Skilled tax accountants and lawyers can help taxpayers maximize deductions.
52. Many small business owners prefer flat taxes over the current system.
53. Both parties agree that tax reform is needed, but differ on the details.
54. Transfer pricing allows multinationals to shift profits to low tax jurisdictions.
55. Tax incentives can be used to encourage certain behaviors and industries.
56. Value added taxes are believed to be more economically efficient than income taxes.
57. Consumption taxes are considered fairer than taxes on income or wealth.
58. Wealth taxes target accumulated assets rather than annual income.
59. Land value taxes aim to capture the increasing value of land over time.
60. The fairest tax system would impose similar tax rates across income levels.

Common Phases

1. The government raised the income tax this year.
2. Property taxes fund most local public schools.
3. She works as a tax accountant during tax season.
4. He prepared my taxes and filed my tax return online.
5. The company pays hundreds of thousands in corporate taxes every year.
6. Tobacco taxes fund anti-smoking campaigns.
7. The new tax reform bill aims to simplify the tax code.
8. Sales tax varies by state and county.
9. Capital gains are subject to capital gains tax.
10. Taxpayers file their tax returns in April.
11. The estate tax only applies to very large inheritances.
12. Gas taxes fund road maintenance and construction projects.
13. The charitable tax deduction encourages people to donate to non-profits.
14. Tax exemptions are available for education expenses.
15. Tax collectors work for the Internal Revenue Service.
16. Some countries have a value added tax instead of a sales tax.
17. Tax breaks are available for home buyers and homeowners.
18. Congress passed a temporary tax credit to stimulate the economy.
19. Value added taxes are typically a percentage of the total cost of a product.
20. They itemized their tax deductions instead of taking the standard deduction.
21. Taxes fund essential government services.
22. The inheritance will incur huge estate taxes.
23. The tax rate will increase for incomes over $500,000.
24. The company pays payroll taxes for its employees.
25. She filed an extension to delay paying her taxes.
26. Tips are taxable income that waiters must report.
27. Tariffs are a form of indirect tax on imported goods.
28. The government relies on tax revenue to fund programs.
29. Tax loopholes allow some people and businesses to reduce their taxes legally.
30. The tax deadline is April 15.
31. The invoice listed sales tax separately from the total bill.
32. She took out a tax-free municipal bond.
33. Tax shelter strategies can potentially reduce taxable income.
34. The tax incentives encouraged businesses to buy new equipment.
35. They visited an accountant for tax planning and advice.
36. The small business owner paid self-employment taxes.
37. The luxury car came with a hefty luxury tax.
38. Roth IRAs do not provide an upfront tax deduction.
39. Many governments tax goods and services.
40. Income tax rates vary based on filing status and income level.
41. Americans file their taxes using IRS forms and schedules.
42. They are considering moving to a lower tax state.
43. Tax audit rates are low for most individuals and businesses.
44. They paid the online sales tax when checking out.
45. He became a tax lawyer after graduating from law school.
46. The waitress received a 1099 form to report her tip income for taxes.
47. The nominee's tax returns became controversial during the confirmation process.
48. The heavy tax burden forced many businesses to relocate.
49. The tax forms sat untouched in a pile on his desk.
50. Congress regularly debates and revises corporate tax laws.
51. The billionaire bemoaned the oppressive income tax rates.
52. She planned to donate some stock to reduce her taxable income.
53. The HST combines the goods and services tax and provincial sales tax.
54. Immigrants are required to pay taxes like other citizens.
55. They were audited by the IRS and had to pay penalties and back taxes.
56. The tax-free allowance reduces taxable income for retirees.
57. Tax-preparation software simplifies filing taxes electronically.
58. The elected official released summary information about his tax returns.
59. Tax havens exist where rates are very low or nonexistent.
60. They planned to consult a tax specialist if they received an audit notice.