What does TAXES mean?

Taxes 1. Parts of Speech:

• Noun
• Verb

2. Definitions:

As a noun, Taxes refer to the money that people or businesses have to pay to the government. As a verb, it means to impose a tax on something or someone.

3. Pronunciations:

US: /ˈtæksɪz/

UK: /ˈtæksɪz/

4. Origin and Usage:

The word "taxes" originated from the Latin word "taxare" which means "to assess." Taxes are a way for the government to generate revenue to fund public services. They are used to finance infrastructure, education, healthcare, and other public goods and services.

5. Synonyms:

• Duties
• Levies
• Tariffs
• Tolls

6. Related Words:

• Asset
• Debit
• Money
• Income
• Costs

7. Example Sentences:

• She paid her taxes on time.
• The government taxes cigarettes to discourage smoking.
• He was upset about the increase in taxes.
• The company was taxed heavily for importing goods.