taxation
/tækˈseɪʃən/
noun
- The system or process of collecting money from people and businesses by a government to pay for public services.
- Fair taxation helps pay for hospitals, police, and fire departments.
- Many citizens complain about high taxation on their salaries.
- The government raised taxes to fund better schools and roads.
- The amount of money collected through taxes; a tax burden.
- They moved to a state with lower taxation on property.
- The new law reduced taxation for small businesses.
- The company's total taxation increased after the new regulations.
Antonyms