income tax
242
2.3
- noun
- /ˈɪnkʌm tæks/
:
impuesto sobre la renta
- Individuals must report all their earnings when filing their income tax return each year.
- pay income tax
- file an income tax return
- federal income tax
Replacing income taxes with tariffs just couldn't work.
- Replacing income taxes with tariffs just couldn't work.
- Let's give him some free money in the form of a earned income tax credit.
- South Dakota has no state income tax, no inheritance tax, and no capital gains tax.
- Guess what, if you put money in a foreign K, you're dodging ordinary income tax.
- Well, oh, so they charge the state income tax, but I don't know if they charge the state capital gains tax.
- As such, we're going to implement a carbon tax, offsetting the need for a state income tax.
- So and then so first of all, what they also did to pay for that is remove the state income tax.
- It's why we're overhauling the welfare system to get people into work, and why we're raising the income tax personal allowance to make sure that work pays.
Examples
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I want to talk to you about saving $250,000 on your income tax this year.
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So listen, I am not a fan of income taxes, but again, let's use common sense.
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A massive income tax cut each and every year.
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The first federal income tax was passed as an emergency funding measure during the Civil War.
Academic text (1999) -
So this government is not going to raise the rates of income tax, National Insurance or VAT.
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Do I have to pay income taxes to both the states of Illinois and Georgia?
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Donald Trump says we're cutting middle income taxes substantially if he gets re elected.
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You're gonna file a joint income tax return.
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All they had him on was income tax evasion.
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South Dakota has no state income tax, no inheritance tax, and no capital gains tax.
Synonyms
∞
1.0
A charge people must pay to the government on income or property
Surface Forms
Morphology
The meaning 'a tax on the money someone earns' is directly and compositionally derived from 'income' (money received) + 'tax' (a mandatory government charge). This straightforward noun–noun compound follows a common cross-linguistic pattern, so a B1 learner who knows both words will readily understand the MWE.
Etymology
Income tax is a compound noun that names a tax on your income — imagine the government taking a small slice from the money you earn. So it means the payment people must make on the money they earn each year.