Recent Examples of taxpayer from the Web
Travel is paid for by the Queen and comes from the Sovereign Fund—meaning it's actually paid for by the taxpayers.
The city owns the museum land just south of downtown at 523 S. Weber St., and taxpayer dollars fund Naper Settlement annually with $2.9 million — a portion of which is set aside for salaries.
First, the build will not be taxpayer funded at all.
Why then would the state use taxpayer money to build back land for those companies, environmental advocates ask.
All without passing on costs to already angry taxpayers and energy users, who pay some of the highest electricity rates in the region.
That money comes from taxpayers who decided to direct $1 from their tax liability on their annual income tax returns to the system. The state matches money that eligible candidates raise in increments of up to $250.
That surge might have come from wealthy taxpayers rushing to get ahead of changes to federal tax law that go into effect this year, state officials said.
Some taxpayers, like people who have filed for bankruptcy or victims of identity theft, will apparently be exempt from the new policy.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'taxpayer.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of TAXPAYER
What It Is
A taxpayer is a person or organization that must pay taxes to a federal, state, or local agency.
How It Works
For example, let's assume that Jane is an employee of Company XYZ. She earns $150,000 per year.
In addition to paying federal income taxes, unemployment taxes, Social Security taxes, and Medicare taxes, Jane will likely owe state and local income taxes, all of which will be withheld from her paycheck. When she receives her after-tax paycheck, she might spend it on gas for her car, groceries, clothes and utilities, all of which trigger more tax payments (in the form of sales, excise, gas and other taxes).
Why It Matters
Virtually every human being in America is a taxpayer at some point, even if he or she does not file an IRS Form 1040 or pay federal income taxes. People pay taxes when they pay their phone bills, buy airline tickets, use toll roads, buy gasoline, rent hotel rooms, get a fishing license or engage in other everyday activities. Children even pay sales taxes when they buy candy with allowance money.
TAXPAYER Defined for English Language Learners
Definition of taxpayer for English Language Learners
: a person who pays taxes
TAXPAYER Defined for Kids
Seen and Heard
What made you want to look up taxpayer? Please tell us where you read or heard it (including the quote, if possible).