Definition of «taxpayer money»

The term "taxpayer money" refers to funds that are collected from citizens through taxes and then used by the government for various purposes such as public services, infrastructure development or other projects. These monies come from different sources including income tax, sales tax, corporate tax, etc., depending on the type of tax system in place within a country. Taxpayers contribute to this pool of funds through their mandatory payments and it is then used by the government for public use, which means that everyone who pays taxes has an interest or stake in how these monies are spent as they have effectively contributed towards them.

Sentences with «taxpayer money»

  • I'm all for more efficient use of taxpayer monies when it comes to education! (therivardreport.com)
  • But raising the cost of pollution can actually save taxpayers money in the long run — and I'll explain how in a minute. (cityroom.blogs.nytimes.com)
  • One series of charges says he traded $ 500,000 in taxpayer money for more than $ 3 million in private gain. (nypost.com)
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