income taxi

How people look spending their income tax on things they usually can't afford.

Girl, you see Shameka over there looking real income taxi with her new phone, hair, and nails!

by MICHELLEAPRIL September 17, 2016

Phantom income

Income you have to claim on your tax return which is taxable but you actually never received cash for.

Congratulations on your new company car but if you use it for personal purposes, you have to worry about phantom income.

by giantfan1 October 11, 2012

negative income

A situation in which your wages or salary is less than your day-to-day expenses.

Let's see, I make €400 a week after tax. Rent is €100, food is €50, gas is €50, insurance is €150 all told, electricity is €75...crap, negative income! Better cut back on something.

by Rhodoferax July 27, 2010

Income Tats

The act of financial irresponsibility that occurs when one spends their income tax return on extravagant tattoos instead of putting it towards their needs.

Bro, it's Income Tats time! I can finally get that sick Yakuza style backpiece I've been planning!

by mwd0503 November 16, 2023

Income Taxy

In-com Tax-ee

adjective

1. A person who drastically changes their typical behavior to that of a higher class or status during the first months of the year as a result of receiving a refund on their income taxes.

2. A person who shows off material possessions or a falsely inflated lifestyle either in the streets or on social media as a direct result of receiving income tax refunds.

3. A guy/girl who shows affection during the first few months of the year in hopes of getting a piece of your income tax refund check.

Lisa told me to put a grocery bag over my feet before entering her "new" car, she's been acting real Income Taxy lately.

James broke up with me and is seeing other women now that he has that new gold chain, Keshia told me he would get income taxey on me.

by TheShadeRoomInc April 22, 2017

gross annual income

The total amount of income earned annually.

My gross annual income is $75,000.

by KlickAndABass December 13, 2016

Wealth & Income Financial Engineer

Wealth & Income Financial Engineer (W.I.F.E.) - The finance department of your average American household. May also be referred to as the finance committee, the accountant, or even hey bitch. Will object to large purchases without prior approval which may result in a change in sleeping arrangements.

So, I am looking at getting a new Samsung smartphone, but it's over $1000! I don't think the Wealth & Income Financial Engineer (W.I.F.E.) will sign off on that.

by Mr_Yuck August 16, 2024