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1. Dictionary

   Tax

   /taks/

   

   noun

   • 1. a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions: "higher taxes will dampen consumer spending" Similar levytariffdutytollexciseimpostcontributionassessmenttributetithechargefeeliabilitycustomsduescessOpposite rebate
   • 2. a strain or heavy demand: "a heavy tax on the reader's attention" Similar burdenloadweightencumbrancedemandstrainpressurestressdrainimpositionresponsibilitydutyonusobligationcareworry

   verb

   • 1. impose a tax on (someone or something): "hardware and software is taxed at 7.5 percent" Similar levy a tax onimpose a toll oncharge duty onexact a tax ondemand a tax onassesschargetitherare:mulct
   • 2. make heavy demands on (someone's powers or resources): "she knew that the ordeal to come would tax all her strength" Similar strainstretchput a strain onmake demands onweigh heavily onweigh downburdenloadoverloadencumberpushpush too faroverwhelmtrytaskwear outexhaustsapdrainemptyenervatefatiguetirewearyweakenoverwork
   • 3. confront (someone) with a fault or wrongdoing: "why are you taxing me with these preposterous allegations?" Similar confrontaccusecall to accountchargeblamecensurecondemndenounceprosecutebring charges againstindictarraignincriminateimpeachinformal:point the finger atOpposite clearexonerate
   • 4. examine and assess (the costs of a case): "an officer taxing a bill of costs"

   Word Origin Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’, surviving in tax (sense 4 of the verb)): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’.

   Derivatives

   • 1. taxer noun
   • 2. taxless adjective

   Scrabble Points: 10

   • T

     1

   • A

     1

   • X

     8

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2. www.investopedia.com › terms › tTaxes Definition: Types, Who Pays, and Why - Investopedia

   www.investopedia.com › terms › t

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   May 23, 2024 · Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenues finance...

3. www.merriam-webster.com › dictionary › taxTax Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › tax

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   The meaning of TAX is a charge usually of money imposed by authority on persons or property for public purposes. How to use tax in a sentence.

4. en.m.wikipedia.org › wiki › TaxTax - Wikipedia

   en.m.wikipedia.org › wiki › Tax

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   A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. [ 1] .

5. taxfoundation.org › taxedu › glossaryTax Definition | TaxEDU Glossary

   taxfoundation.org › taxedu › glossary

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   Jul 18, 2024 · A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.

6. dictionary.cambridge.org › dictionary › englishTAX | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   TAX definition: 1. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Learn more.

7. www.investopedia.com › income-tax-4427722Guide to Income Tax - Investopedia

   www.investopedia.com › income-tax-4427722

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   Jun 24, 2024 · Taxes. Income Tax. Understanding how the income tax system works—and ways to minimize the amount you owe—is essential to financial planning. Learn about tax brackets, filing status, how to file...

8. www.khanacademy.org › college-careers-more › financialHow taxes work (article) | What are taxes? | Khan Academy

   www.khanacademy.org › college-careers-more › financial

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   Everyone has to pay taxes in one way or another, but the types of taxes you pay and how much you pay can vary. Some taxes are the same for everyone, while others are progressive, meaning they depend on how much you earn or the value of your property.

9. www.dictionary.com › browse › taxTAX Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › tax

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   noun. a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc. a heavy demand on something; strain. a tax on our resources.

10. www.investopedia.com › terms › tTaxation Defined, With Justifications and Types of Taxes

    www.investopedia.com › terms › t

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    Jun 30, 2024 · What Is Taxation? Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents. Paying taxes to...

11. www.britannica.com › dictionary › taxTax Definition & Meaning | Britannica Dictionary

    www.britannica.com › dictionary › tax

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    : an amount of money that a government requires people to pay according to their income, the value of their property, etc., and that is used to pay for the things done by the government. [count] The decision was made to raise/cut taxes. He was accused of evading taxes. What was your income before/after taxes? — often + on. a tax on tobacco products