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.
No more state income tax for the first $100,000 of income, gas down to $3 a gallon, electric bills cut by half, small-business taxes reduced. Philip Elliott, Time, 30 May 2026 Actually, those Americans in the top 1% of income actually pay almost 40% of the entire income tax — more than the bottom 90% combined. Stephen Moore, Boston Herald, 29 May 2026 The bonds would be repaid with income tax revenue from major league ballplayers and staff. Chris Biderman, Sacbee.com, 29 May 2026 The measure also creates a new income tax credit for people who invest in housing in transit areas. Seth Klamann, Denver Post, 28 May 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 5 Jun. 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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