Akademik

income tax
noun
a personal tax levied on annual income (Freq. 4)
Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement
Hyponyms:
bracket creep, ↑estimated tax, ↑FICA, ↑withholding tax, ↑withholding, ↑surtax, ↑supertax

* * *

noun, pl ⋯ taxes
: a tax paid on the money that a person or business receives as income
[noncount]

Federal income tax will be deducted from your pay.

[count]

The new law will lower income taxes for most taxpayers.

* * *

ˈincome tax [income tax income taxes] noun uncountable, countable
the amount of money that you pay to the government according to how much you earn

The standard rate of income tax was cut to 23p in the pound.

federal income tax


Useful english dictionary. 2012.