income tax

From income +‎ tax.

• IPA^(key): /ˈɪnˌkʌm tæks/

• Audio (General American):

  (file)

income tax (countable and uncountable, plural income taxes)

1. A tax levied on earned and unearned income, net of allowed deductions.
   • 2008, David Mutimer, Canadian Annual Review of Politics and Public Affairs 2002, page 220:

     The latest Tory budget continued the trend begun in 2000 by making further small cuts in family income taxes.

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