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.
The money was swept into the general fund, where it amounted to a relative pittance — one-fourteenth of the amount collected from personal income taxes in fiscal 2025.
From Los Angeles Times ● Aug. 6, 2026
Income before income taxes totaled $3.6 billion, a 14% increase compared to the same time period in 2025, while operating income exceeded previous guidance and rose 21% to $5.6 billion.
From Los Angeles Times ● Aug. 5, 2026
Kazakhstan has been courting foreign companies by setting up special economic zones with no corporate income taxes and easy visas.
From The Wall Street Journal ● Aug. 1, 2026
Many conservative investors like Treasury bills because they’re backed by the U.S. government, often offer competitive yields, and they are exempt from state and local income taxes.
From MarketWatch ● Jul. 18, 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
