taxation

[tak-sey-shuh n] /tækˈseɪ ʃən/
noun
1.
the act of taxing.
2.
the fact of being taxed.
3.
a tax imposed.
4.
the revenue raised by taxes.
Origin
1250-1300; < Medieval Latin taxātiōn- (stem of taxātiō) an appraising (see tax, -ation); replacing Middle English taxacioun < Anglo-French < Medieval Latin, as above
Related forms
taxational, adjective
antitaxation, adjective
nontaxation, noun
protaxation, adjective
retaxation, noun
self-taxation, noun
Examples from the web for taxation
  • Directed taxation funds public works, some of them large-scale.
  • Too often the discussion of taxation is clouded in a semi-religious ideology as apposed to imperial truth.
  • It can either do so via the marketplace through taxation or through the law through regulation.
  • Governments should be structure taxation to stimulate scientific research.
  • Get an honest job and/or support representation by taxation, would be my pill for you, if not for everyone here.
  • We should pursue broad policies, such as investment in education and progressive income taxation.
  • Still others look at policies, such as trade openness or lightness of taxation.
  • It is true that by exempting savings from taxation this reform would narrow the tax base.
  • To single out the estate tax as some sort of especially noxious form of double taxation is simply silly.
  • We need to stop the heavy taxation and control our spending.
British Dictionary definitions for taxation

taxation

/tækˈseɪʃən/
noun
1.
the act or principle of levying taxes or the condition of being taxed
2.
  1. an amount assessed as tax
  2. a tax rate
3.
revenue from taxes
Derived Forms
taxational, adjective
Word Origin and History for taxation
n.

early 14c., "imposition of taxes," from Anglo-French taxacioun, Old French taxacion, from Latin taxationem (nominative taxatio), noun of action from past participle stem of taxare (see tax (v.)).

taxation in Culture

taxation definition


A government's practice of collecting money from citizens and businesses within its domain to support its operations.

Encyclopedia Article for taxation

imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well.

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