Tax

Pronunciation: /tæks/

Definitions of tax

noun 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

Example Sentences

A1 I have to pay my taxes every year.

A2 The sales tax on this item is 10%.

B1 Filing your taxes can be confusing, but there are resources to help.

B2 The government uses taxes to fund public services and infrastructure.

C1 Tax evasion is a serious crime that can result in hefty fines and jail time.

C2 High-income individuals often seek ways to minimize their tax liability through legal means.

Examples of tax in a Sentence

formal The government imposes a tax on all income earned by its citizens.

informal I hate tax season because I always end up owing money.

slang I can't believe how much tax they took out of my paycheck!

figurative His criticism felt like a tax on my self-esteem.

Grammatical Forms of tax

• plural: taxes
• comparative: more tax
• superlative: most tax
• present tense: tax
• future tense: will tax
• perfect tense: have taxed
• continuous tense: is taxing
• singular: tax
• positive degree: tax
• infinitive: to tax
• gerund: taxing
• participle: taxed

Origin and Evolution of tax

First Known Use: 1250 year

Language of Origin: Latin

Story behind the word: The word 'tax' originated from the Latin word 'taxare', which means to evaluate or appraise.

Evolution of the word: Over time, the word 'tax' has evolved to refer to a mandatory financial charge imposed by the government on individuals or businesses to fund public expenditures.