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

The government also cites the nature of Hanni's income, which is deemed to be "profit sharing, rather than wages", according to local reports, adding that she pays business income tax rather than employment income tax.

From BBC

During the campaign, he served as a spokesman for some of Trump's most radical plans, including wide-ranging tariffs and the elimination of the income tax.

From BBC

Because there are already federal tax breaks for Social Security income, those groups already do not pay income taxes.

From Salon

I don’t think he will replace income taxes with tariffs, but there will likely be tax cuts and programs for businesses.

From Salon

It’s also important to note that Donald Trump campaigned on a platform of making Social Security more financially generous, not less, by removing the income tax payable on it.

From BBC