Definition of «taxpayer»

A taxpayer is an individual or entity that pays taxes to a government. This term can refer to any person, company, corporation, or other legal entity that is required to file and pay income tax returns based on their earnings, profits, or other forms of income. Taxpayers are responsible for contributing towards the funding of public services and programs provided by the government through various types of taxes such as income, property, sales, or value-added taxes. The term "taxpayer" is often used in political discourse to refer to individuals or groups that may be affected by changes in tax policy or proposals for new tax laws.

Usage examples

  1. As a taxpayer, you are required to file your annual tax return by April 15th.
  2. The government uses taxpayer money to fund public services such as education, healthcare, and infrastructure.
  3. Taxpayers can claim deductions on their income tax returns for expenses related to home office, education, or charitable donations.
  4. The government conducts audits to ensure that taxpayers are accurately reporting their income and paying the appropriate amount of taxes.
  5. The tax system should be fair and equitable for all taxpayers regardless of their income level or wealth.
  6. Taxpayers have the right to seek advice from tax professionals to minimize their tax liability and navigate complex tax laws.

Sentences with «taxpayer»

  • This works against the interest of taxpayers of modest means who make small donations of personal property to charities. (educationnext.org)
  • -LRB-...) That's how proponents of more accountability for taxpayer money going to charter schools think the system should work. (inthepublicinterest.org)
  • Even when Silver is handing those private investors what will probably be more than a billion dollars in taxpayer money, in the form of subsidies and tax breaks? (nymag.com)
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