income tax
noun
a tax levied on incomes, especially an annual government tax on personal incomes.
income taxes
-
pluralof income tax.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Unauthorized distributions can disqualify a plan, causing severe financial consequences, including immediate income taxes and any applicable penalties for employees on their vested balances.
From MarketWatch ● Aug. 29, 2026
China’s leaders are in the midst of a campaign to recoup hundreds of billions of dollars worth of unpaid capital-gains and income taxes owed by wealthy Chinese citizens.
From MarketWatch ● Aug. 26, 2026
"It seems reasonable and fair to ask those who don't pay full-time income taxes here, but have luxury homes here for pleasure, to contribute to the wellbeing of New York City," she said.
From BBC ● Aug. 21, 2026
Actual income taxes instead generated around $147 billion, as AI enthusiasm fueled a soaring stock market and boosted compensation for tech workers.
From The Wall Street Journal ● Aug. 20, 2026
President Bill Clinton raised income taxes for the wealthiest, cut taxes on investment gains, and expanded breaks for the working poor.
From "Class Matters" by The New York Times
