NOUN | possession | income tax | a personal tax levied on annual income |
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Meaning | A personal tax levied on annual income. | |
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Narrower | FICA | A tax on employees and employers that is used to fund the Social Security system |
bracket creep | A movement into a higher tax bracket as taxable income increases | |
estimated tax | income tax paid periodically on income that is not subject to withholding taxes | |
surtax, supertax | An additional tax on certain kinds of income that has already been taxed | |
withholding tax, withholding | income tax withheld from employees' wages and paid directly to the government by the employer | |
Broader | tax, taxation, revenue enhancement | Charge against a citizen's person or property or activity for the support of government |
Spanish | impuesto sobre la renta de las personas físicas, impuesto sobre la renta, IRPF | |
Catalan | impost sobre la renda, IRPF |
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