income tax

noun

Synonyms of income taxnext
: a tax on the net income of an individual or a business

Examples of income tax in a Sentence

Federal income tax will be deducted from your pay. The new law will lower income taxes for most taxpayers.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Amendment 5, which seeks to phase out the state income tax, would not repeal those exemptions. Kacen Bayless, Kansas City Star, 1 July 2026 Last week, Mitchell pleaded guilty to five counts of willfully failing to pay income tax. CBS News, 29 June 2026 The money for the fund comes from a combination of capital gains and income tax. Ben Paviour, Sacbee.com, 30 June 2026 The income tax had just been introduced, with the top rate of 7% applied to incomes exceeding $500,000. Steve H. Hanke, Fortune, 1 July 2026 See All Example Sentences for income tax

Word History

First Known Use

1799, in the meaning defined above

Time Traveler
The first known use of income tax was in 1799

Cite this Entry

“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 7 Jul. 2026.

Kids Definition

income tax

noun
ˈin-(ˌ)kəm-
: a tax on the income of a person or business

Legal Definition

income tax

noun
: a tax on the net income of an individual or a business compare excise, property tax
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