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.
The Golden State’s extreme reliance on the personal income tax means that when incomes are high in California, revenue collections are strong, but when the economy slows and incomes fall, state revenue weakens drastically too. Lanhee J. Chen, Mercury News, 31 Jan. 2026 Mamdani once said the higher personal income tax and corporate tax rate were needed for child care. New York Daily News Editorial Board, New York Daily News, 30 Jan. 2026 Opponents say an income tax would violate the state constitution and existing law. Robert Frank, CNBC, 30 Jan. 2026 In recent years, lawmakers reduced the state income tax and eliminated the state sales tax on groceries. Barbara Hoberock, Oklahoma Voice, 30 Jan. 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 3 Feb. 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
Last Updated: - Updated example sentences
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