Meaning & use

taxation

noun·Academic

The system by which a government collects money from individuals or businesses to fund public spending.

See it in a sentence

High rates of taxation on fuel led to widespread protests across the country.

The new government promised to reform taxation to help small businesses.

A note on using this word

Taxation refers to the overall system or process, while 'a tax' refers to a specific charge within that system.

Words with a similar meaning

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