income tax

noun
a tax levied on incomes, especially an annual government tax on personal incomes.

Origin:
1790–1800

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
income tax
 
n
a personal tax, usually progressive, levied on annual income subject to certain deductions

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
And let everyone contribute one one-hundredth percent of their income tax.
It's that time of year, again, the deadline for filing your federal and state
  income tax returns.
Far more striking would be a cut in income tax, especially for earners on low
  and middling incomes.
Which isn't to say that progressives ought not to continue to fight for
  equalization of capital gains and income tax rates.
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