: 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.
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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