tax
a
tion
1
the system by which a government collects money from citizens and businesses to fund public services
- Taxation is necessary to fund public schools and hospitals.
- The government uses taxation to pay for infrastructure projects.
- High taxation rates can discourage investment in businesses.
- Taxation on goods and services is called sales tax.
- Taxation allows the government to provide social welfare programs.
2
charge against a citizen's person or property or activity for the support of government
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3
government income due to taxation
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