Meanings
the process by which a government imposes a financial charge or levy on an individual's or entity's earnings.
Taxation on income is a primary source of revenue for the government.
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Antonyms
a system where individuals and businesses are required to pay a portion of their income to the government.
The country's taxation on income is progressive, meaning higher earners pay a larger percentage.
Synonyms
Antonyms
Last updated: 2025/01/11 11:55