federal income tax

Type: Concept

As of November 2026, federal income tax has been mentioned in one podcast episode on Glenn Beck (Jan 2026). Discussed in the context of historical taxation and the introduction of the 16th amendment.

The United States federal government and most state governments impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed, but their partners are taxed on their shares of partnership income. Residents and citizen