Word bank

Improve your reading skills, Memorize words and practice vocabulary

Memorized by 0+ users

tax

/tæks/

Meanings
  • noun

    A levy or charge, especially one imposed by a government on income or profits or added to the cost of some goods, services, or transactions.

    - "The government imposed a new tax on luxury cars."
    - "You will need to pay sales tax on this purchase."
    - "Income tax is calculated as a percentage of your earnings."
  • verb

    To levy a tax or impose a fine.

    - "The city council voted to tax property owners an additional fee."
    - "The judge taxed the defendant $500 for contempt of court."

Pronunciation
  1. /tæks/



    Source: "https://commons.wikimedia.org/w/index.php?curid=1197416"
  2. /tæks/



    Source: "https://commons.wikimedia.org/w/index.php?curid=1197416"

Antonyms

subsidy
Synonyms

assessment , contribution , custom , demand , duty , exaction , impost , levy , rate , toll , tribute
Rhymes
Words rhyming with tax
raves , caves , graves , maves , aves
Homophones
Words having the same pronunciation but different meanings, origins, or spelling,
  1. Tax (en) : A type of wood used for flooring and furniture.

  2. Tax (en) : To measure or assess (a quantity or value).


Variants
List of all variants of tax that leads to same result
tax , taxes , taxable , taxed , taxer , taxers , taxing , tax- , taxi- , taxo- , tax base , tax bases , tax-exempt , tax selling , tax sellings , tax shelter , tax shelters , tax-sheltered , tax stamp , tax stamps , tax abatement , tax break
Forms
Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

taxes, taxed, taxing, taxable


Etymology
origin and the way in which meanings have changed throughout history.

Old English teag, from teaxan, to press out, tap; related to teac (boiled water), te, tea.


Trivia
Any details, considerations, events or pieces of information regarding the word
  1. The word 'tax' comes from the Old English word 'teag', which means 'to press out'.

  2. The first recorded use of the word 'tax' in English was in the year 1297.

  3. In the United States, the federal income tax is collected by the Internal Revenue Service (IRS).

  4. The term 'bracket creep' refers to the phenomenon where individuals move into a higher tax bracket as their income increases.

  5. The largest tax ever paid in a single transaction was the sale of the Bell System to AT&T in 1984 for $86 billion. The tax on this sale was $25 billion.


Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to
  1. Fiscal policy: A set of tools and techniques used by governments to influence economic conditions, primarily through the manipulation of taxes and spending.

  2. Progressive tax: A tax system in which the tax rate increases as the taxable amount increases. This type of tax system is designed to make the tax burden more evenly distributed among different income levels.


Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Taxes have been a part of human society since ancient civilizations, with the earliest known evidence of a tax system dating back to around 3000 BCE in Egypt. Taxes have been used to fund public works projects, maintain armies, and provide various social services. In literature, taxes have been a common theme in works such as 'Animal Farm' by George Orwell and 'Little Dorrit' by Charles Dickens. In music, there are numerous songs about taxes, such as 'We Won't Get Fooled Again' by The Who and 'Taxman' by The Beatles.

How to Memorize "tax"

  1. visualize

    - Visualize a pile of coins or bills representing taxes.

  2. associate

    - Associate the word 'tax' with the concept of paying for government services.

  3. mnemonics

    - Use the mnemonic 'T-A-X' to remember the word: 'Taxes Are Xpensive'.


Memorize "tax" using Dictozo

The best and recommended way to memorize tax is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

  1. Highlighting:

    Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.

  2. Periodic Reminders:

    Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.