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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
Minnesotans suffer under a high income tax rate, and Minnesota has lost tax-paying residents since 2019.
—Nicole Russell, USA TODAY, 31 Jan. 2025
Federal income tax is used to keep the country running, paying for expenses ranging from building and repairing the country's infrastructure, to providing education, public transportation and disaster relief.
—Thomas G. Moukawsher, Newsweek, 30 Jan. 2025
Monday is also the first day the IRS will start accepting and processing 2024 income tax returns.
—Andrew Torgan, CNN, 26 Jan. 2025
While tariffs will increase the price of consumer goods, Trump has hinted at reducing or eliminating the personal income tax with the new tariff revenue.
—Jasmine Cui, NBC News, 25 Jan. 2025
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Word History
First Known Use
1799, in the meaning defined above
Dictionary Entries Near income tax
Cite this Entry
“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 5 Feb. 2025.
Kids Definition
income tax
nounˈin-(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
More from Merriam-Webster on income tax
Thesaurus: All synonyms and antonyms for income tax
Nglish: Translation of income tax for Spanish Speakers
Britannica English: Translation of income tax for Arabic Speakers
Britannica.com: Encyclopedia article about income tax
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