income tax

noun

1. a tax levied on incomes, especially an annual government tax on personal incomes.

income tax

noun

1. a personal tax, usually progressive, levied on annual income subject to certain deductions

Word History and Origins

Origin of income tax¹

First recorded in 1790–1800

Example Sentences

If you are younger than 59½, you are ordinarily subject to a 10 percent early-withdrawal penalty on top of the income tax owed on your withdrawal.

From Washington Post

In addition to phasing out the income tax, Doran promises in the video to make Virginia the best state in the nation for schools, safety and jobs.

From Washington Post

Along with the stimulus payments, the House Ways and Means Committee released details Monday of other significant parts of the aid package, including a new child income tax credit for millions of American households.

From Washington Post

It also benefits Hand because his primary residence is in Florida, meaning he won’t have to pay income tax on the deferred money.

From Washington Post

Congressional offices were deluged with batches of similar letters advocating the society’s causes, such as abolishing the income tax, boycotting goods from communist countries, and preserving the House Un-American Activities Committee.

From Washington Post

McConnell similarly talked out of both sides of his mouth on the minimum wage, the Earned Income Tax Credit, and other issues.

From The Daily Beast

Which is one thing I hate about America (besides Obama and income tax).

From The Daily Beast

“In 1910 in America, everybody would have said a progressive income tax was impossible,” Piketty said Tuesday.

From The Daily Beast

For more, read “The U.S. income tax burden, county by county,” by Ben Harris.

From The Daily Beast

An interactive map from the Brookings Institution allows users to explore income tax rates at the county level nationwide.

From The Daily Beast

The interests of the savings deposits are in like manner exempt from the Income Tax and from any future tax coming in its place.

From Project Gutenberg

Mr. Monk was busy, heart and soul, in regard to income tax and brewers' licences,—making our poor Prime Minister's mouth water.

From Project Gutenberg

In England he had found fresh resources in an Income-Tax, from which he anticipated an annual return of ten millions.

From Project Gutenberg

Now, of course, I know perfectly well that the rich man dodges most of his income tax and most of his inheritance tax.

From Project Gutenberg

For over twenty-five years the income-tax remained in abeyance, to the great detriment of the revenue system.

From Project Gutenberg