tax

/tˈæks/

/ˈtæks/

Tax

a sum of money that has to be paid, based on one’s income, to the government so it can provide people with different kinds of public services

to tax

MAIN VERB

levy a tax on

make a charge against or accuse

use to the limit

synonyms : task

caterpillar of numerous moths characterized by a dense coat of woolly hairs; feed on plants and some are destructive pests

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

synonyms : assess

Examples

1. Does the price include tax?

2. The tax increase sounded the death knell for the business.

3. Tax rises have made some inroads into the country's national debt.

4. The U.S. tax code now loads the dice in favor of private pension plans.