income tax

noun

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

income tax

noun

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

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Word History and Origins

Origin of income tax¹

First recorded in 1790–1800

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Example Sentences

Examples have not been reviewed.

The discount refers to the 1040 individual income tax form that most people file.

From

Universities, as well as many charities and religious groups, are exempted from paying federal income taxes.

From

Palmer noted that the state also is particularly vulnerable to stock market declines because the top 1% of income tax filers typically generated around 40% of all personal income tax paid in California.

From

Firstly, that promise not to put up income tax, VAT or National Insurance.

From

But to follow the strict rules of budget reconciliation, Congress had to let key provisions expire, most notably the reduction of individual income tax rates.

From

income support incoming

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