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

Burnham has recently set out plans to give elected mayors more power over planning and tackling fly-tipping and said he would give them a share of income tax and business rates.

From BBC ● Sep. 20, 2026

The expected increase in April 2027 would take the flat-rate state pension above the personal allowance of £12,570 and so liable to pay about £91 next year in income tax.

From BBC ● Sep. 15, 2026

Many states exempt Social Security from state income tax, but only a few offer similar treatment for retirement-account withdrawals.

From The Wall Street Journal ● Sep. 13, 2026

Your mother would not be restricted by the terms of the 529 plan, which comes with a 10% penalty and ordinary income tax if the funds are withdrawn for something other than educational expenses.

From MarketWatch ● Sep. 10, 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