Moderate A compulsory financial charge or levy imposed by a government on individuals or entities, typically based on income or the value of goods and services, to fund public expenses and services. Clear All
3 Example Sentences Showcasing the Meaning of 'Tax'
Every April, individuals are required to report their income and pay a portion to the government as income tax.
When purchasing a new car, consumers should consider the impact of the vehicle's price on the applicable sales tax in their state.
Jane was surprised to learn about the luxury tax applied to high-end items, realizing it affects her favorite designer handbags and accessories.
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