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.
Neighboring Massachusetts, Rhode Island, Maine, New York and New Jersey have met their obligations by boosting state income tax rates on top earners in recent years. — Keith M. Phaneuf, Hartford Courant, 29 Oct. 2026 Another notable finding was voters’ support of Proposition 3, which would make permanent a higher income tax rate on the wealthy that funds education. — Seema Mehta, Los Angeles Times, 29 Oct. 2026 Essentially, people tend to pay more attention to their property tax bills than, say, a sales tax or income tax. — Molly Morrow, Chicago Tribune, 28 Oct. 2026 Local property taxes are deductible for the purposes of federal income tax. — Orlando Sentinel Editorial Board, The Orlando Sentinel, 27 Oct. 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 31 Oct. 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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