income tax

American  

noun

• income taxes
  plural

1. a tax levied on incomes, especially an annual government tax on personal incomes.

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income tax British  

noun

1. a personal tax, usually progressive, levied on annual income subject to certain deductions

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Other Word Forms

Noun Inflected Forms

• income taxes
  plural

Etymology

Origin of income tax

First recorded in 1790–1800

Example Sentences

See Examples For:

income tax

The gold rush for artificial intelligence has already created a windfall for the state from a surge in income tax collected on stock market gains.

From Los Angeles Times ● Aug. 21, 2026

Burnham said allowing mayors to keep a share of income tax and business rates would help to promote growth "in every postcode".

From BBC ● Aug. 21, 2026

On the other hand, Larson would reduce the income tax on Social Security earnings, returning a bit to middle- and lower-income workers.

From Los Angeles Times ● Aug. 18, 2026

It streamlined income tax brackets, lowered the top rate to 36% and created the universally deductible Individual Retirement Account.

From The Wall Street Journal ● Aug. 13, 2026

By and large the Milagro lawyer’s articles had been fairly innocuous—generalized summaries of welfare problems, advice on how to pay less income tax, on how to apply for and receive food stamps.

From "The Milagro Beanfield War" by John Nichols