ordinary income

noun

1. taxable income, as salary and wages, other than capital gains.

Example Sentences

But it was (and is) quite possible that dividends could go back to being taxed as ordinary income at pre-Bush levels.

From The Daily Beast

So eliminate the corporate income tax, and tax capital gains and dividends as ordinary income.

From The Daily Beast

The ordinary income was 2000 a year less than was required to meet the expenditure.

From Project Gutenberg

His ordinary income was generally twelve pounds a year, and never above eighteen.

From Project Gutenberg

Twenty million pounds, when the ordinary income of the State amounts scarcely to seven millions!

From Project Gutenberg