tax system
- noun
- /tæks ˈsɪstəm/
- The tax system in this country is designed to ensure that everyone pays their fair share.
- income tax system
- federal tax system
- current tax system
And this is basically a completely absurd tax system which we don't have to use.
- And this is basically a completely absurd tax system which we don't have to use.
- Right, OK, then how should the current tax system change?
- And then another way that government can act is through changing prices, using the tax system to change prices.
- So we should be having a very rigorous discussion about the future of the tax system.
- But you have a contrast to that in JB Pritzker, who is demanding a more progressive tax system.
- The American tax system was built by Rich Father Rich.
- They don't want a more tax complicated tax system or one that's anti growth, anti investment.
- Italian companies do a lot of investments, but not in Italy because of the administration, the tax system, the corruption and other more.
- Nigel, tax, is the tax system fair and is the amount of tax we're paying fair?
Examples
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And then another way that government can act is through changing prices, using the tax system to change prices.
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We also have a tax system that favors debt over equity, which tends to make our companies much more fragile.
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The American tax system was built by Rich Father Rich.
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We will create a tax system that is fair, which is related to ability to pay.
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The Tax Foundation has information on each state's tax system as well as a ranking system.
Blog text (6) -
The structure of the tax system, including the tax mix, also affects the environment for innovation.
Academic text (1993) -
Nevada's got a great corporate tax system.
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However, clearly, attention is required to ensure that the tax system does not discourage saving behavior.
Academic text (1993) -
In addition, the tax system may also be more effective in encouraging long-term research.
Academic text (1993) -
Government intervention in the economy can be fostered or effected through the tax system.
Academic text (1993)
Synonyms
A system for making people and businesses pay money to the government
Rules that tell how governments set and collect taxes
A government's plan for how it sets and collects taxes
How Complex
Surface Forms
Morphology
The meaning is directly and transparently derived from combining 'tax' (a government charge) with 'system' (a formal set of rules or procedures) to denote the set of rules for assessing and collecting taxes. This noun–noun compositional pattern is common cross-linguistically and would be immediately understandable to a B1 learner who knows both constituents.
Etymology
Tax system comes from the simple idea of two parts: tax (money people pay to the government) and system (a set of connected rules or parts). Think of a machine or team that follows steps to collect money, so tax system means the laws and steps a government uses 'to collect taxes'.