INCOME TAX • FREE-TRANSLATOR.COM • Definition of Income tax

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/ˈɪnkˌəm tæks/ Listen

noun

Income n.

1.

A coming in; entrance; admittance; ingress; infusion. (Obs.) "More abundant incomes of light and strength from God." "At mine income I louted low."

2.

That which is caused to enter; inspiration; influence; hence, courage or zeal imparted. (R.) "I would then make in and steep My income in their blood."

3.

That gain which proceeds from labor, business, property, or capital of any kind, as the produce of a farm, the rent of houses, the proceeds of professional business, the profits of commerce or of occupation, or the interest of money or stock in funds, etc.; revenue; receipts; salary; especially, the annual receipts of a private person, or a corporation, from property; as, a large income. "No fields afford So large an income to the village lord."

4.

(Physiol.) That which is taken into the body as food; the ingesta; sometimes restricted to the nutritive, or digestible, portion of the food. See Food. Opposed to output.

Income bond, a bond issued on the income of the corporation or company issuing it, and the interest of which is to be paid from the earnings of the company before any dividends are made to stockholders; issued chiefly or exclusively by railroad companies.

Income tax, a tax upon a person's incomes, emoluments, profits, etc., or upon the excess beyond a certain amount.

Synonyms: Gain; profit; proceeds; salary; revenue; receipts; interest; emolument; produce.

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Etymology of 'Income tax'

Collaborative International Dictionary of English 0.48

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"Income tax" Quotes from Famous Books

... resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, ...

— The 2008 CIA World Factbook • United States. Central Intelligence Agency.

... obliged to repeal the income tax, as a bribe to the landed interest, upon whom it was considered to fall particularly heavy, although the removal of it was looked upon as a boon to every one who paid it. This was a peace offering, such as ...

— Memoirs of Henry Hunt, Esq. Volume 2 • Henry Hunt

... Abe," Morris said, "there's one worser punishment you could hand out the Kaiser than filling out this here income tax." ...

— Potash and Perlmutter Settle Things • Montague Glass

... income tax, tithes, fire insurance, cost of collection and repairs of course, it returned two hundred and eighty-four pounds last year. The repairs are rather a large item—owing to the brook. I call it Liris—out of Horace, ...

— A Diversity of Creatures • Rudyard Kipling

... approximation to constant value. Realizing this situation, Memminger had advised falling back on the ancient system of tithes and the support of the Government by direct contributions of produce. After licensing a great number of occupations and laying a property tax and an income tax, the new law demanded a tenth of the produce of all farmers. On this law the Mercury pronounced a benediction in an editorial on The Fall of Prices, which it attributed to "the healthy influence of the tax bill which has ...

— The Day of the Confederacy - A Chronicle of the Embattled South, Volume 30 In The - Chronicles Of America Series • Nathaniel W. Stephenson

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