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Tax Very Common

Tax has 7 different meanings across 2 categories:

Noun · Verb

Definitions
Noun
1

charge against a citizen's person or property or activity for the support of government

"The city council voted to raise the annual property tax to fund new schools and repair bridges."

2

Money paid to the government other than for transaction-specific goods and services.

"The new policy raised the annual income tax, requiring every worker to send a portion of their yearly earnings directly to the government regardless of what products they bought or sold."

In plain English: A tax is money that you must give to the government so they can pay for things like roads and schools.

"The new tax on sugary drinks is expected to raise significant revenue for the city."

Verb
1

levy a tax on

"The State taxes alcohol heavily"

"Clothing is not taxed in our state"

tax
2

set or determine the amount of (a payment such as a fine)

"The judge decided to tax the defendant's late fees at double the standard rate."

3

use to the limit

"you are taxing my patience"

4

make a charge against or accuse

"They taxed him failure to appear in court"

tax
5

To impose and collect a tax from (a person or company).

"The city council voted to tax every new construction project within the downtown district."

In plain English: To tax means to put a heavy burden on someone or something, making it very difficult for them to handle.

"The new law will tax large corporations at a higher rate than small businesses."

Usage: Use this verb when describing an authority's action of levying money on someone, such as the government taxing businesses. It is often confused with similar terms like assess or fine, but specifically refers to mandatory contributions for public services rather than penalties.

Example Sentences
"The new tax on sugary drinks is expected to raise significant revenue for the city." noun
"The new tax on sugary drinks has sparked debate among health advocates and local businesses." noun
"He forgot to pay his property tax before the deadline, so he received a late fee notice." noun
"Sales tax varies significantly depending on which state you are visiting for your vacation." noun
"The new law will tax large corporations at a higher rate than small businesses." verb
Related Terms
government money payment income fee irs april revenue levy charge government money pay government payment government fee fifteenth april fifteenth government revenue government income deduction death
Broader Terms (hypernyms)
levy determine strain charge
Narrower Terms (hyponyms)
single tax income tax capital gains tax capital levy departure tax franchise tax gift tax direct tax indirect tax capitation progressive tax proportional tax degressive tax rates stamp tax pavage transfer tax special assessment excise tariff surtax overtax

Origin

The word "tax" comes from the Latin taxō, meaning "to appraise or value," and entered Middle English through French. It eventually replaced the native Old English word gafol, which had previously been used to mean tribute or rent.

Rhyming Words
stax detax retax artax untax mastax pretax pentax nontax syntax ecotax fortax surtax antitax overtax pay tax fat tax sin tax use tax dumb tax
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