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.
The purpose of income tax is to pay for public services and government obligations and toprovide goods for the public. Olivia Munson, USA Today, 2 Jan. 2026 That's because some states offer state income tax deductions for ABLE account contributions. Kamaron McNair, CNBC, 1 Jan. 2026 In the 2022 tax year, the top 1% of earners paid nearly 39% of the state’s income tax revenues, according to the Department of Finance. Nicole Nixon, Sacbee.com, 30 Dec. 2025 State income tax will decrease In a remnant of the 2023 budget cycle, another decrease in the state income tax is scheduled to take effect in 2026. Kayla Dwyer, IndyStar, 30 Dec. 2025 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 4 Jan. 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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