Tax \Tax\, n. [F. taxe, fr. taxer to tax, L. taxare to touch, sharply, to feel, handle, to censure, value, estimate, fr. tangere, tactum, to touch. See {Tangent}, and cf. {Task}, {Taste}.] 1. A charge, especially a pecuniary burden which is imposed by authority. Specifically: (a) A charge or burden laid upon persons or property for the support of a government.
A farmer of taxes is, of all creditors, proverbially the most rapacious. --Macaulay. (b) Especially, the sum laid upon specific things, as upon polls, lands, houses, income, etc.; as, a land tax; a window tax; a tax on carriages, and the like.
Note: Taxes are annual or perpetual, direct or indirect, etc. (c) A sum imposed or levied upon the members of a society to defray its expenses.
2. A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
3. A disagreeable or burdensome duty or charge; as, a heavy tax on time or health.
4. Charge; censure. [Obs.] --Clarendon.
5. A lesson to be learned; a task. [Obs.] --Johnson.
{Tax cart}, a spring cart subject to a low tax. [Eng.]
Tax \Tax\ (t[a^]ks), v. t. [imp. & p. p. {Taxed}; p. pr. & vb. n. {Taxing}.] [Cf. F. taxer. See {Tax}, n.] 1. To subject to the payment of a tax or taxes; to impose a tax upon; to lay a burden upon; especially, to exact money from for the support of government.
We are more heavily taxed by our idleness, pride, and folly than we are taxed by government. --Franklin.
2. (Law) To assess, fix, or determine judicially, the amount of; as, to tax the cost of an action in court.
3. To charge; to accuse; also, to censure; -- often followed by with, rarely by of before an indirect object; as, to tax a man with pride.
I tax you, you elements, with unkindness. --Shak.
Men's virtues I have commended as freely as I have taxed their crimes. --Dryden.
Fear not now that men should tax thine honor. --M. Arnold.
Changes to the VAT rules mean a Pounds 900m tax payment in the second half.
He promised "frugality with economic development." The three parties will have to agree on specific measures, such as boosting public utility rates and a proposed one-time tax on personal and company earnings.
It grew in size as the tax-writing committees tacked on amendments extending some expiring provisions and granting tax benefits for selected groups.
How well would an economy already struggling with tight credit conditions and weak consumer spending bear the added burden of a tax increase?
Rostenkowski, in a statement on the new report, said the reduction in tax burdens for the wealthy was "staggering." The CBO conclusion is essentially the same as that in a study by Citizens for Tax Justice that was made public Thursday.
There has been much speculation recently that the next step in the Wall Street investigations will be to move beyond insider trading to broader questions such as market manipulation and tax evasion.
A sales tax increase appears to be the fastest and easiest to raise funds in a hurry.
The expected cut in car tax offered an unmissable opportunity to transfer the tax burden to petrol, so cutting the cost of buying cars but making people think more about how they used them. Instead, the policy has gone into reverse.
The expected cut in car tax offered an unmissable opportunity to transfer the tax burden to petrol, so cutting the cost of buying cars but making people think more about how they used them. Instead, the policy has gone into reverse.
Talk of the missing gold first surfaced when some former employees started to complain about unexplained amounts on their W-2 tax forms.
George Mitchell showed the style he brings to the post of Senate majority leader when he was asked recently how the Democratic Congress would respond to George Bush's call for a cut in the capital gains tax.
He was convicted on two counts of filing false income tax returns for failing to report more than $350,000 in income from gambling, autograph signing and baseball memorabilia sales.
It would have added 8 cents to the 16 cent tax on a pack of cigarettes, and brought the 16-cent tax on beer six-packs to 36 cents.
It would have added 8 cents to the 16 cent tax on a pack of cigarettes, and brought the 16-cent tax on beer six-packs to 36 cents.
He's campaigned for dissenters, including a senator who called his budget settlement a turkey and a Senate challenger who likened the tax provisions to a mugging.
Unusually, he took a leading role in seeking to secure more generous tax treatment for the industry during the final stages of the finance bill.
Last year, Japanese inflation was about 3 percent, but fully half of the increase was attributed to a 3 percent sales tax imposed in April.
Kennedy proposed a big tax cut in 1962.
The data are based on cost of living indices, excluding the oil tax rise at the beginning of the year.
Worst hit, said shadow social security secretary Michael Meacher, were those not eligible for the full Pounds 140 poll tax deduction because they already received rebates.
"All of us realize the more revenue we have in this bill, the less likely the president is to sign it," said Sen. Max Baucus, D-Mont., manager of the Senate tax measure.
It would allow students to attend public schools outside their area and provide tax credits for those wishing to go to private schools.
The aide to Mr. Rostenkowski said it was a coincidence that the Ways and Means chairman's change of heart came in the same week that President Bush reversed his position on tax increases.
The tax fears took L100 off Generali to L28,390 while Fondiaria fell L793 to L27,697. PARIS was lifted by a firm opening on Wall Street but volume was generated by big block trades in BSN, Lyonnaise des Eaux and Generale des Eaux.
"Every once in a while we do get a call from a community interested in enhancing its tax base," Sloan said in Washington. "But the reality is that most retirees don't move very far." Still, the biggest promotional obstacle may be the weather.
"A lot of people will be coming up with a variety of ideas" for altering the tax bill if the economy goes bad, says Sen. John Danforth (R., Mo.).
Congressional tax writers estimated that the change will raise $60 million in additional taxes in the next five years.
Our uniform position was that we will not go up on the (income tax) rates, no matter what," said Packwood, the senior Republican on the Senate Finance Committee.
In the meantime, the White House is steaming over House GOP Whip Newt Gingrich's call for tax cuts rather than tax increases.
In the meantime, the White House is steaming over House GOP Whip Newt Gingrich's call for tax cuts rather than tax increases.