tax
[taks] 
| 1. | a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. |
| 2. | a burdensome charge, obligation, duty, or demand. |
| 3. | (of a government)
|
| 4. | to lay a burden on; make serious demands on: to tax one's resources. |
| 5. | to take to task; censure; reprove; accuse: to tax one with laziness. |
| 6. | Informal. to charge: What did he tax you for that? |
| 7. | Archaic. to estimate or determine the amount or value of. |
| 8. | to levy taxes. |
1250–1300; (v.) ME taxen < ML taxāre to tax, appraise, L: to appraise, handle, freq. of tangere to touch; (n.) ME, deriv. of the v.
Related forms:
1. duty, impost, levy. 4. strain, tire, stretch.
tax⋅is
1 [tak-sis] [tak-seez] . | 1. | arrangement or order, as in one of the physical sciences. |
| 2. | Biology. oriented movement of a motile organism in response to an external stimulus, as toward or away from light. |
| 3. | Surgery. the replacing of a displaced part, or the reducing of a hernia or the like, by manipulation without cutting. |
| 4. | Architecture. the adaptation to the purposes of a building of its various parts. |
1720–30; < NL < Gk táxis, equiv. to tak- (base of tássein to arrange, put in order) + -sis -sis
Based on the Random House Dictionary, © Random House, Inc. 2009.
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| tax (tāks) n.
[Middle English, from taxen, to tax, from Old French taxer, from Medieval Latin taxāre, from Latin, to touch, reproach, reckon, frequentative of tangere, to touch; see tag- in Indo-European roots.] tax'er n. |
| tax·es (tāk'sēz) n. A plural of taxis. |
| tax·is (tāk'sĭs) n. pl. tax·es (tāk'sēz)
[Greek, arrangement, from tassein, tag-, to arrange.] |
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Taxes
An involuntary fee levied on corporations or individuals that is enforced by a level of government in order to finance government activities.
Investopedia Commentary
In the investing world one of the most important types of taxes, and therefore one of the most highly debated types of tax is capital gains tax. Capital gains tax represents the tax paid on the increase in value made on an investment.
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See also: Capital Gain, Corporate Tax, Flat Tax, Income Shifting, Income Tax, Progressive Tax, Regressive Tax, Tax Bracket
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Taxes
first mentioned in the command (Ex. 30:11-16) that every Jew from twenty years and upward should pay an annual tax of "half a shekel for an offering to the Lord." This enactment was faithfully observed for many generations (2 Chr. 24:6; Matt. 17:24). Afterwards, when the people had kings to reign over them, they began, as Samuel had warned them (1 Sam. 8:10-18), to pay taxes for civil purposes (1 Kings 4:7; 9:15; 12:4). Such taxes, in increased amount, were afterwards paid to the foreign princes that ruled over them. In the New Testament the payment of taxes, imposed by lawful rulers, is enjoined as a duty (Rom. 13:1-7; 1 Pet. 2:13, 14). Mention is made of the tax (telos) on merchandise and travellers (Matt. 17:25); the annual tax (phoros) on property (Luke 20:22; 23:2); the poll-tax (kensos, "tribute," Matt. 17:25; 22:17; Mark 12:14); and the temple-tax ("tribute money" = two drachmas = half shekel, Matt. 17:24-27; comp. Ex. 30:13). (See TRIBUTE.)
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