income tax

noun

Synonyms of income taxnext
: a tax on the net income of an individual or a business

Examples of income tax in a Sentence

Federal income tax will be deducted from your pay. The new law will lower income taxes for most taxpayers.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Other options could include raising sales taxes and/or a state income tax. Eleanor Dearman, Fort Worth Star-Telegram, 14 Feb. 2026 The income tax rate can be lowered by continuing to grow our state and local economies by attracting new business with high-paying jobs by supporting fiscally conservative policies and keeping state income taxes low. Nora O'Neill, Charlotte Observer, 13 Feb. 2026 One bill would more than quadruple the standard deduction, potentially eliminating the income tax for nearly two-thirds of Georgians. David Wickert, AJC.com, 13 Feb. 2026 The largest single contributor is the 2025 reconciliation act, which permanently extended the individual income tax rates and business investment incentives originally established by the 2017 tax act. Tristan Bove, Fortune, 11 Feb. 2026 See All Example Sentences for income tax

Word History

First Known Use

1799, in the meaning defined above

Time Traveler
The first known use of income tax was in 1799

Cite this Entry

“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 15 Feb. 2026.

Kids Definition

income tax

noun
ˈin-(ˌ)kəm-
: a tax on the income of a person or business

Legal Definition

income tax

noun
: a tax on the net income of an individual or a business compare excise, property tax
Last Updated: - Updated example sentences
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