Definition of Tax
Tax
tax
Definition/Meaning
(noun)
a mandatory payment that must be made as a contribution to the revenue of a region, usually deducted from workers' income or businesses' profits or added to the price of goods and services;
e.g. The government imposed a new tax on certain luxury items.
(noun)
something that poses a heavy demand, burden, or strain on something or someone;
e.g. His long explanations are a tax on my patience. This process is a tax on our resources.
(verb)
to impose mandatory payments to the government upon the people, usually by deducting money from their incomes or adding amounts to the prices of goods and services;
e.g. They tax different incomes at different dates. They decided to tax these services.
(verb)
to stretch or strain someone's resources or powers, to pose a heavy burden on them;
e.g. I don't want to tax them financially by being their guest for too long. She tried to tax his kindness by asking for many favors.
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