: 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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Hungary offers a number of incentives, including exempting women with four or more children from paying income tax, but is still struggling to coax people to have kids.—Jessica Guynn, USA Today, 6 Nov. 2025 The city’s biggest hook on the billionaire set is a personal income tax that is, practically speaking, optional.—Liz Hoffman, semafor.com, 6 Nov. 2025 Marklein and Rodriguez have proposed a bill that creates a nonrefundable income tax credit for up to $5,000 in expenses not covered by health insurance related to in vitro fertilization, or IVF.—Molly Beck, jsonline.com, 6 Nov. 2025 One is a further extension of the freeze in the thresholds at which people begin to pay the basic and higher rates of income tax.—Ian King, CNBC, 5 Nov. 2025 See All Example Sentences for income tax
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