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income tax

noun

: 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.
But for years Moyle has led the charge to reduce income tax rates and championed the benefit of tax cuts. Clark Corbin, Idaho Statesman, 27 Nov. 2025 The government is creating a new separate tax rate for property income, which is already subject to income tax. Chloe Taylor, CNBC, 27 Nov. 2025 The government announced plans to freeze income tax thresholds, meaning that more people will be dragged into higher brackets as their salaries increase. Samantha Conti, Footwear News, 26 Nov. 2025 The four states with the highest relative population growth were New Hampshire, South Dakota, Texas and Florida – each with no state income tax. The Editorial Board, Oc Register, 26 Nov. 2025 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 1 Dec. 2025.

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
Last Updated: - Updated example sentences
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