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Glite Dictionary
tax income

tax income

5 3.0
Money a government gets from taxes people and businesses pay
  • noun
translation icon : ingresos fiscales
  • In the first half of 2008, Exxon Mobil's after-tax income rose 15% to $22.6 billion.

Examples

  • Every Euro Eco tax going through the TALLY program will create additional tax income for all levels of government in Germany through:

    Blog text (29)

  • After all, New York doesn't get any property tax income on the land anyway because of the religious exemption, right?

    Blog text (20)

  • The figure "% of Income" shows the basic necessities as percentages of after-tax income for each quintile.

    Blog text (11)

  • Last year, Ford Motor Company produced twenty-two billion dollars of net after-tax income for plowing back into the company and distribution to our shareholders.

    Academic text (1999)

  • Reporting on a Congressional Budget Office study, U.S. News and World Report (1992) reports that "between 1977 and 1989, the after-tax income of the top 1 percent of families rose 102 percent, while the middle 20 percent fell 5.2 percent and that of the bottom 20 percent fell 10.4 percent" (38).

    Academic text (1993)

  • The government's tax income is essential for funding public services like education and healthcare.

  • Increased tax income from local businesses allowed the city to improve its infrastructure.

  • The finance minister announced that tax income has risen due to new regulations on corporate taxes.

Synonyms

taxation
vstax income
80 4.0

A system for making people and businesses pay money to the government

is about the money received rather than the collection process
tax revenue
vstax income
53 3.2

Money a government gets from taxes on people, businesses, or sales

focuses on money from people and businesses rather than goods or services
internal revenue
vstax income
1 5.7

Money the government gets from taxes inside the country, like income and sales taxes

is focused on money from people and businesses and does not stress domestic limits

Surface Forms

tax income singular
tax incomes plural

Morphology

tax + income

The meaning is directly compositional: 'tax' (a government charge) modifies 'income' (funds received) to indicate funds collected via taxes. This modifier+noun pattern is common and cross-linguistically transparent, so a B1 learner who knows both words can infer the intended meaning.

Etymology

Tax income paints a simple picture: tax is the money people pay to the government and income is 'money that comes in'. So, tax income means the money the government receives from those taxes.