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income tax

   Also found in: Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
income tax
n.
A tax levied on net personal or business income.

income tax
n
(Economics) a personal tax, usually progressive, levied on annual income subject to certain deductions
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.income taxincome tax - a personal tax levied on annual income
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
bracket creep - a movement into a higher tax bracket as taxable income increases
estimated tax - income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
FICA - a tax on employees and employers that is used to fund the Social Security system
withholding tax, withholding - income tax withheld from employees' wages and paid directly to the government by the employer
supertax, surtax - an additional tax on certain kinds of income that has already been taxed
Translations
income tax nimposta sul reddito
income tax nimposta sul reddito

income tax ضريبة دخل daň z příjmu indkomstskat Einkommensteuer φόρος εισοδήματος impuesto sobre la renta tulovero impôt sur le revenu porez na prihod imposta sul reddito 所得税 소득세 inkomstenbelasting inntektsskatt podatek dochodowy imposto de renda, imposto sobre rendimentos подоходный налог inkomstskatt ภาษีเงินได้ gelir vergisi thuế thu nhập 所得税


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? Mentioned in ? References in classic literature
 
Secondly, in their dealings with the State: when there is an income tax, the just man will pay more and the unjust less on the same amount of income; and when there is anything to be received the one gains nothing and the other much.
The third time the graduated income tax was declared unconstitutional was a gouge.
 
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