taxation
nounUK /tækˈseɪ.ʃən/
US /tækˈseɪ.ʃən/
Taxation is when people pay money to the government to help pay for things everyone uses.
The new road was built with money from taxation.
SYNONYMS
RELATED WORDS
OTHER MEANINGS
2. The system a government uses to collect money from people and businesses.
The country's taxation system is fair to small businesses.
3. The amount of money collected through taxes.
Taxation rose last year as more people found jobs.
4. The act of charging someone a tax on something.
The taxation of sugary drinks made them more expensive.