From the Merriam-Webster online dictionary:

wage noun \wj\

: an amount of money that a worker is paid based on the number of hours, days, e
tc., that are worked
Full Definition of WAGE
1
a : a payment usually of money for labor or services usually according to contra
ct and on an hourly, daily, or piecework basis often used in plural
b plural : the share of the national product attributable to labor as a factor i
n production
2
: recompense, reward usually used in plural but singular or plural in constructio
n <the wages of sin is death Romans 6:23 (Revised Standard Version)>
wageless adjective
Hmmm... Nowhere does wage correlate with income, yet we have to pay taxes on inc
ome. How come our wages are taxed if the wages aren't income?
http://www.merriam-webster.com/dictionary/wage
I'm all for people being taxed on income from their investments, that's what inc
ome tax is supposed to be for, but when you have to scrape by to earn a living a
nd the government still takes away from you, then the system is screwed.